An accounts receivable turnover that is too high may indicate that credit is too tight, causing the loss of sales to good customers
Indicate whether the statement is true or false
TRUE
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Executive Order 11246 requires:
a. compliance with all other Executive Orders b. inclusion of an anti-discrimination clause in a contractor's contract c. that publicly-traded companies hire women and persons of color d. none of these
The Carlsbad Corporation produces and markets two types of electronic calculators: Model 4A and Model 5A. The following data were gathered on activities during the third quarter:??Model 4AModel 5A?Sales in units5,0003,000?Sales price per unit$100$200?Variable production costs per unit$20$40?Traceable fixed production costs$200,000$300,000?Variable selling expenses per unit$10$12?Traceable fixed selling expenses$10,000$15,000?Allocated portion of corporate expenses$116,000$120,000Required:Prepare a segmented income statement for last quarter. The statement should provide sufficient detail to allow the company to evaluate the performance of the manager of each product line.
What will be an ideal response?
The traditional operations management definition of throughput is:
A) the average number of goods or services completed per time period by a process. B) anything in an organization that limits it from moving toward its goal. C) associated with the capacity of a resource such as a machine, employee, or workstation. D) a physical activity in which idle capacity exists.
A company issued 60 shares of $100 par value common stock for $7,000 cash. The total amount of paid-in capital in excess of par is:
A) $100. B) $600. C) $1,000. D) $6,000. E) $7,000.