In Nigeria, negotiations are viewed as a competitive process
Indicate whether the statement is true or false.
T
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Calvin Corp was organized on January 1 to operate a taxi service. For each of the following business activities, please indicate whether it is a financing (F), investing (I) or operating (O) activity. A. Issued shares of stock to each of the five
owners. B. Purchased five automobiles to use as taxis. C. Paid the first month's rent for a garage. D. Obtained a loan from the bank. E. Received cash from a customer for a 10-mile taxi ride. F. Paid the drivers wages for the first week. G. Purchased a fueling station to install at the garage (includes a 500 gallon tank). H. Declared and paid cash dividends to the owners after the first month's operations. I. Paid cash to repair the brakes on one of the taxis. J. Bought land for a future taxi office.
What is logistics?
A. The purchasing of goods and services to meet the needs of the supply chain. B. Occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain. C. Includes the processes that control the distribution, maintenance, and replacement of materials and personnel to support the supply chain. D. Includes activities that govern the flow of tangible, physical materials through the supply chain such as shipping, transport, distribution, and warehousing.
When no value is in the base period, no percent change is computable.
Answer the following statement true (T) or false (F)
Kim Sunshades Company's western territory's forecasted income statement for the upcoming year is as follows
Sales revenue $850,000 Variable costs (540,000 ) Contribution margin $310,000 Fixed costs (480,000 ) Operating loss $(170,000 ) The company's management is considering dropping the western territory and has determined that 80% of the fixed costs are avoidable. What is the change in the forecasted operating loss for the upcoming year if the western territory is dropped? Assume the company predicts an operating loss across the entire company. A) The loss will be reduced by $74,000. B) The loss will be increased by $74,000. C) The loss will be reduced by $384,000. D) The loss will be increased by $384,000.