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IDIS 240 EXAM 2 QUESTIONS WITH 100% CORRECT ANSWERS

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IDIS 240 EXAM 2 QUESTIONS WITH 100% CORRECT ANSWERS

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Days Sales Outstanding


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Receivable Money * 365
= --------------------------------
Sales




Always _________ discounts and ___________ give them.


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take; never

,When/where was the first shopping mall


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1956 - Edina Minnesota




NPBT


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Net profit before tax




Cash flow


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Cash in bank -> Purchase Inventory -> Sold Inventory -> Account
Receivable -> Cash in Bank




what are the two types of discounts


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, cash discounts (way for people to get their money sooner)

volume discount (if you buy a certain amount then you'll get a discount)




E- commerce makes up...


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10% of retail




future distribution predictions


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1. people will own 5 devices by 2030
2. 500 million urban deliveries a day by 2025




siemens customer approach?


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- building relationships
-building alliances
-measure performance




REturns

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given item back because they don't want it




Inventory Profitability Index


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= Turn * Earn




what are the 3 kinds of shipping


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freight lines - out of town
delivery department - local customer
"will call" location - customer can come pick it up




EBIT


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Earnings Before Interest and Taxes




compound interest

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