The SG&A Expense/Sales is the tertiary ratio that drives profitability.
<h3>What is
SG&A Expense/Sales?</h3>
This refers to the everyday operating expenses of running a business that are not included in the production of goods or delivery of services.
As the SG&A includes rent, salaries, advertising, marketing expenses etc., it is the tertiary ratio that drives profitability.
Therefore, E is correct.
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Answer:
69.77 days
Explanation:
days' sales in inventory = number of days in a period/ inventory turnover
inventory turnover = Cost of goods sold / average inventory
Inventory turnover = $11,221 / $2,145 = 5.231235
days' sales in inventory = = 365 / 5.231235 million = 69.77 days
<span>1.</span><span>I once saw an advertisement for a weight loss supplement. The
persons in the ad seemed to change significantly after using the product. Apart
from their appearance, everything seemed to be going better for them.</span>
Answer:
Option B is correct because the first thing is we can not register it as trademark because the requirement to register trademark is:
In this case the word bicycle is not distinctive. The word distinctive in law means that the item must be different from something else either in nature or type.
Option A is incorrect as the word bicycle is not distinctive, so it can not be registered. And if it can not be registered then it can not be protected against trademark infringement.
Option C is also incorrect as this word does not meets the requirements of trademark registration.
Option D is also incorrect because certification mark are logos of products to make the quality or nature of product clear.
