A company had the following purchases and sales during its first month of operations: January 1Purchased 10 units at $4.00 per unitJanuary 9Sold 6 units at $12.00 per unitJanuary 17Purchased 8 units at $5.50 per unitJanuary 27Sold 7 units at $12.00 per unit Using the Periodic weighted average method, what is the value of cost of goods sold? (Round weighted average cost per unit to 2 decimal places.)
A. $84.
B. $27.
C. $61.
D. $5.
E. $23.
Answer: C
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As late as the 1950s, what criteria could many employers use to screen job applicants?
a. education (primarily) b. gender and age (primarily) c. almost any they liked d. ethical character
Answer the following statements true (T) or false (F)
1) Differential analysis is a common approach to making short-term business decisions. 2) Managers should only consider financial information when making a decision. 3) Managers should consider both the potential quantitative and qualitative effects of their decisions. 4) Target full product cost equals the revenue at the market price minus the desired profit. 5) If a company has limited competition and sells unique products, it is considered a price taker.
For an unrelated diversification strategy to produce financial results above that of stand-alone entities, executives must do all of the following except
A. negotiate favorable acquisition prices (to satisfy the cost of entry test). B. satisfy the attractiveness test, the cost of entry test, and the better-off test. C. leverage the cross-business strategic fit advantage effectively. D. diversify into businesses that can produce consistently good earnings and returns on investment and thereby satisfy the attractiveness test. E. do a superior job of corporate parenting via high-level managerial oversight and resource sharing, financial resource allocation and portfolio management, or restructuring underperforming businesses (to satisfy the better-off test).
A copyright prevents the copying of an idea
Indicate whether the statement is true or false