The desirability of outcomes received for performing work is referred to as valence.
Answer the following statement true (T) or false (F)
True
Rationale: The sentence accurately defines valence.
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Products that are only partially completed at the end of the accounting period are known as finished goods
a. True b. False Indicate whether the statement is true or false
A company's income statement showed the following: net income, $147,000 and depreciation expense, $36,900. An examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $11,700; merchandise inventory increased $22,600; and accounts payable increased $5700. Calculate the net cash provided or used by operating activities.
A. $178,700. B. $141,000. C. $212,500. D. $189,100. E. $143,900.
The cost of goods sold as a percentage of sales is 74% for Fairyway Inc and 82% for Telasis. This means that:
a. Telasis will have greater inventory on total assets. b. Telasis will have greater profits on sale. c. Fairyway will have greater profits on sale. d. Fairyway will have greater inventory on total assets.
Capital goods such as large or expensive machines, mainframe computers, blast furnaces, generators, airplanes, and buildings are referred to as__________
Fill in the blanks with correct word.