Acme, Inc., produces widgets. To manufacture a new type of widget, it took 30 hours for the first widget. Acme estimates it has a 95% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the eighth widget.
a. 25.71 hours
b. 22.68 hours
c. 19.62 hours
d. 18.76 hours
a. 25.71 hours
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When using the direct method, how is depreciation expense recorded on the statement of cash flows?
a. Operating activity b. Investing activity c. Financing activity d. Not reported on the statement of cash flows
Approximately what percentage of the 25 million people who joined the workforce between 1987 and 2000 were females?
a. about 30 percent b. about 50 percent c. about 60 percent d. about 75 percent e. about 80 percent
Quid pro quo harassment and hostile environment harassment are the two general categories of:
a. gender and racial discrimination. b. racial discrimination. c. gender discrimination. d. sexual harassment.
Which of the following statements concerning net income is MOST correct?
A) Net income represents income that may be reinvested in the firm or distributed to its owners. B) Net income represents sales minus operating expenses at a specific point in time. C) Negative net income reduces a company's cash balance. D) Net income represents cash available to pay dividends.