A common reason for offshoring by U.S. firms is to take advantage of the low cost of labor and other resources
a. True
b. False
Indicate whether the statement is true or false
True
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Ryan and Peggy hold the same position at Vineyard Rustica. However, Ryan earns more than Peggy. In the context of pay structure, which statement justifies the organization's decision to pay Ryan more than Peggy?
A. Peggy is pregnant; therefore, her productivity is assumed to be lower. B. Ryan is a U.S. citizen; therefore, his pay should be higher than that of non-Americans. C. Ryan is physically disabled; therefore, he should be paid more than Peggy. D. Ryan works the night shift, and night hours are less desirable for most workers. E. Peggy lives in a location where living expenses are higher.
The first step in goal planning is setting up a budget
Indicate whether the statement is true or false.
The financial statement known as a/an ______________________________ shows the firm’s financial position as of a particular point in time.
Fill in the blank(s) with the appropriate word(s).
Frosty Corporation has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cycle? Annual sales =$45,000 Annual cost of goods sold =$31,500 Inventory =$4,000 Accounts receivable =$2,000 Accounts payable =$2,400
A. 25 days B. 28 days C. 31 days D. 35 days E. 38 days