What makes one company superior to another is the extent to which ______.

A. the company’s operations are guided by the firm’s infrastructure
B. there is a match between the company’s infrastructural and structural decisions and its core competencies
C. the choice of products the firm will manufacture is determined by its capacity to manufacture these products
D. the choice of markets the firm will serve is determined by its capacity to manufacture products for these markets


B. there is a match between the company’s infrastructural and structural decisions and its core competencies

Business

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The retained earnings account is closed at the end of the fiscal year

Indicate whether the statement is true or false

Business

What is a systems selection report?

Business

Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 400 units. The costs and percentage completion of these units in beginning inventory were: Cost PercentCompleteMaterials costs$5,500   50% Conversion costs$1,700   20% A total of 6,800 units were started and 6,100 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: CostMaterials costs$158,700 Conversion costs$120,400 The ending inventory was 85% complete with respect to materials and 75% complete with respect to conversion costs.How many units are in ending work in process inventory in the first

processing department at the end of the month? A. 6,400 B. 1,100 C. 900 D. 700

Business

The Vice President of Finance at Kramerica, Inc. has determined a capital investment budget of $8,000,000 for the next year. Unfortunately, this amount is not sufficient to accept all positive NPV projects available to the firm, which are listed in the table below.



1. Help the Vice President of Finance to choose which set of investments should be accepted.
a) Using the Solver, determine which projects should be accepted if the firm’s goal is to maximize shareholders wealth, subject to the maximum investment constraint. (Note: Make sure to set the Solving Method to Simplex LP.)
b) Now assume that the Vice President of Finance has informed you that the capital budget has been cut to $4,000,000 for the next year, and that at least one project must be accepted for each region. Change your Solver constraints to account for this new information and find the new solution.
c) In addition to the constraints from part b, the Vice President of Finance has now informed you that projects 3, 5, and 8 are mutually exclusive, so, at most, one of them can be selected. Change your Solver constraints to account for this new information and find the new solution.

Business