Zack Company has a current ratio of 2.5. What will be the effect of a purchase of inventory with cash on the acid-test ratio and on working capital? Acid-Test RatioWorking CapitalA)decreasedecreaseB)decreaseno effectC)no effectdecreaseD)no effectno effect
A. Choice A
B. Choice B
C. Choice C
D. Choice D
Answer: B
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The ________ used by companies divides the innovation process into stages, with a checkpoint at the end of each stage
A) reverse assumption analysis technique B) skunkworks system C) stage-gate system D) spiral development process E) new-product department technique
Which heuristic is defined as a shortcut that bases a decision on our existing mental prototype and similar stereotypes?
A. availability B. confirmation C. representativeness D. anchoring and adjustment
Approximated net realizable value at split-off for joint products are computed as follows:
a. selling price at split-off minus allocated joint processing costs. b. selling price at split-off minus further processing and disposal costs. c. final selling price minus a normal profit margin. d. final selling price minus incremental processing costs.
A ________ is a mark or symbol used to identify a manufacturer or merchant
A. trade name B. copyright C. certification mark D. patent