If a company uses LIFO for tax purposes, it need not use LIFO for financial reporting purposes
Indicate whether the statement is true or false
False
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Due to a tragedy in Sofia’s life, she has become a single parent. However, she is lucky because her company offers telecommuting and backup childcare centers close by to support parents working from home. Sofia works for a company that has likely participated in which type of organizational development intervention?
A. sociotechnical system design B. task–technology C. people-focused D. quality of worklife
Use the balance sheets of Glover shown below to calculate the following ratios for Year 2 (round to the hundredths):(a) Current ratio.(b) Acid-test ratio.(c) Debt ratio.(d) Equity ratio.Glover CompanyBalance SheetsFor the years ended December 31?Year 2Year 1Assets:??Cash$ 43,000$ 22,000Accounts receivable38,00042,000Merchandise inventory61,00052,000Prepaid insurance6,0009,000Long-term investments49,00020,000Plant assets (net) 218,000 218,000Total assets$415,000$363,000???Liabilities and Equity:??Current liabilities$ 62,000$ 75,000Long-term liabilities45,00036,000Common stock150,000150,000Retained earnings 158,000 102,000Total liabilities and equity$415,000$363,000
What will be an ideal response?
0–1 linear programming is a special case of:
a. Integer programming. b. Nonlinear programming. c. Nonlinear integer programming. d. All of the above
(I) A simple loan requires the borrower to repay the principal at the maturity date along with an interest payment
(II) A discount bond is bought at a price below its face value, and the face value is repaid at the maturity date. A) (I) is true, (II) false. B) (I) is false, (II) true. C) Both are true. D) Both are false.