Southeast Wood Products, Inc reports sales of $20,000,000 and inventory of $4,000,000. Southeast's
inventory possesses significant economies of scale.
Therefore, if the firm's sales increase by 10%,
Southeast's inventory will ________ and if Southeast's sales decrease by 10%, Southeast's inventory
will ________.
A) decrease by more than 10%; decrease by more than 10%
B) increase by more than 10%; decrease by less than 10%
C) increase by less than 10%; decrease by less than 10%
D) increase by more than 10%; increase by more than 10%
C
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When recording the reimbursement of the petty cash fund, the accountant
a. credits Petty Cash Fund. b. credits the accounts for which the payments were made. c. debits Petty Cash Fund. d. debits the accounts for which the payments were made.
The Fisher effect describes interest rate parity; it's the law of one price applied to interest rates. Interest rates vary to take anticipated differences in inflation levels into account.
Answer the following statement true (T) or false (F)
Stakeholder analysis does not include the ability to help mitigate the project risks
Indicate whether the statement is true or false
The authors describe the multinational phase of globalization for a firm as one characterized by the:
A) ownership of assets and enterprises in foreign countries. B) potential for international competitors or suppliers even though all accounts are with domestic firms and are denominated in dollars. C) imports from foreign suppliers and exports to foreign buyers. D) requirement that all employees be multilingual.