The tactic of overbooking or overselling the available asset is suitable in any situation where customers are able to cancel orders and the value of the asset drops significantly after a deadline
Indicate whether the statement is true or false.
Answer: TRUE
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Use the following data: Asset cost $120,000 Expected life 4 years Estimated salvage value $12,000 Using the sum-of-the-years-digit method, the amount of depreciation for the third year would be
a. $28,000. b. $21,600. c. $30,000. d. $48,600.
The data presented below is for Falconi, Inc for 2016. Credit sales during the year $2,100,000 Accounts receivable—December 31, 2016 295,000 Allowance for doubtful accounts—December 31, 2016 28,000 Bad debt expense for the year 17,000 What is the effect on liquidity when Falconi records its estimate for bad debt expense using the allowance method?
a. Liquidity decreases b. Liquidity increases c. Liquidity stays the same d. Liquidity both increases and decreases
According to critics, large marketing companies use patents and heavy promotion spending to ________
A) acquire smaller companies B) offset too many social costs C) prevent industry competition D) achieve economies of scale E) offset cultural pollution
A manufacturer of stamped metal auto parts has four parts factories in one city at the location coordinates shown below. Each coordinate unit represents a city block (roughly 100 meters). The yearly demand at each factory is also given
Factories Demand X-Coord. Y-Coord. Rayburn Industrial Park 19,000 20 130 Port of Zavalla 3,000 60 40 Henderson Mfg. Center 5,000 70 100 Wax Mills Site 6,000 90 30 Management has decided to build a new sheet metal mill, to supply these factories, at a location central to these plants. What should be the map coordinates of the new plant?