The consensus approach is the most efficient way to reach closure as there is only one decision maker.
Answer the following statement true (T) or false (F)
False
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Ethan paid $3 for a bottle of ThirstAid. Later while on a hiking trip, she was offered $8 for the ThirstAid. Select the correct statement from the following:
A. If Ethan drinks the ThirstAid, no opportunity cost is associated with his decision. B. The $3 original purchase price is irrelevant to his decision to sell the ThirstAid. C. The $8 offer is not relevant if Ethan refuses to sell the ThirstAid. D. All of the above.
On March 1 . 2014, Hardy Corp became the lessee of new equipment under a noncancelable six-year lease. The total estimated economic life of this equipment is ten years. The fair value of this equipment on March 1 . 2014, was $100,000 . The lease does not meet the criteria for classification as a capital lease with respect to transfer of ownership of the leased asset, or bargain purchase option,
or lease term. Nevertheless, Hardy must classify this lease as a capital lease if, at inception of the lease, the present value of the minimum lease payments (excluding executory costs) is equal to at least a. $67,500. b. $75,000. c. $90,000. d. $100,000.
Total contribution margin divided by sales revenue is
A) variable cost ratio B) fixed cost ratio C) contribution margin ratio D) sales ratio E) degree of operating leverage
Consider the following constraint: X2 ? 30. This implies that at least 30 units of product X2 can be produced
Indicate whether the statement is true or false