On a statement of cash flows prepared using the direct method, if inventory has decreased from one accounting period to another, net purchases will be greater than the cost of goods sold because net purchases during the period have exceeded the dollar amount of the items sold during the period
Indicate whether the statement is true or false
False
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Which of the following is the best way to manage virtual teams?
A. Focus on what is accomplished, not hours or locations. B. When beginning with a virtual team, set the final deadline and reprimand any virtual team members who don't make the deadline. C. Because you don't have face-to-face contact, relay instructions via phone. D. Require each team member to keep their own personal record of the work that's been done as a team. E. Utilize employees on a global team around the clock.
Gion Company is considering eliminating its windows division, which reported an operating loss for the recent year of $105,000. Division sales for the year were $1,110,000 and its variable costs were $975,000. The fixed costs of the division were $220,000. If the windows division is dropped, 65% of the fixed costs allocated to it could be eliminated. The impact on Gion's operating income from eliminating this business segment would be:
A. $8,000 decrease B. $7,200 decrease C. $143,000 increase D. $8,000 increase E. $143,000 decrease
The committee would like to assign three reviewers to each applicant. A partial solution to this problem is shown below, where the number 1 indicates when a reviewer is assigned to an applicant. Assign reviewers to Applicant B and Applicant C
Applicant Reviewer A B C 1 X 2 X 3 1 X 4 1 5 X 6 X 7 X 8 X 9 1 X
The decision to use overbooking will
A) lead to upset customers and a high cost of providing them space. B) lead to unutilized assets and lost revenue. C) lead to reduced profits. D) depend upon optimization to be successful.