Which of the following best describes parallel processing?

A) A large number of similar products pass through an identical set of processes.
B) Units typically pass through a series of manufacturing or producing departments.
C) Partially completed units can be worked on simultaneously in different processes and then brought together in a final process for completion.
D) Units must pass through one process before they can be worked on in later processes.


C

Business

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________ leases are long-term leases that do not meet any of the five criteria for finance leases.

What will be an ideal response?

Business

A marketer is most likely to set prices according to a cash-flow objective when a

A. trial-and-error approach to the market is acceptable. B. certain market share must be maintained. C. quick return on investment is desired. D. higher price is acceptable to the firm. E. product is expected to have a long life cycle.

Business

Foley Systems is considering a new investment whose data are shown below. The equipment would be depreciated on a straight-line basis over the project's 3-year life, would have a zero salvage value, and would require additional net operating working capital that would be recovered at the end of the project's life. Revenues and other operating costs are expected to be constant over the project's life. What is the project's NPV? (Hint: Cash flows from operations are constant in Years 1 to 3.) Do not round the intermediate calculations and round the final answer to the nearest whole number.  WACC10.0% Net investment in fixed assets (basis)$75,000 Required net operating working capital$15,000 Straight-line depreciation rate33.333% Annual sales revenues$56,000 Annual operating costs (excl.

depr.)$25,000 Tax rate35.0% ? A. -$6,860 B. -$7,615 C. -$6,380 D. -$7,683 E. -$6,106

Business

Compensation for injured parties accounts for ______ of the total cost of the tort system

a. about two-thirds b. less than half c. more than half d. about three-fourths e. over eighty percent

Business