Which of the following is not considered when calculating the cost basis for a stock?
A)
Inflation
B)
Purchase price
C)
Recording fees
D)
Commissions
A
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Below is financial data for Fawnsworth Industries' current year. Net sales on account during year $500,000 Cost of merchandise sold during year 300,000 Accounts receivable, beginning of year 45,000 Accounts receivable, end of year 35,000 Inventory, beginning of year 90,000 Inventory, end of year 110,000 Refer to the data for Fawnsworth Industries. Based on this information, what is Fawnsworth's
number of days' sales in inventory (assuming a 360 day year)? a. 132 days b. 216 days c. 1,091 days d. 120 days
Which of the following is a fixed percentage of the value of an imported product as it enters the country?
a. specific tariff b. ad valorem tariff c. nominal tariff d. effective tariff
Which of the four levels of the cost hierarchy would be used by a dress manufacturer using an activity-based management for sewing seams on a garment?
A) Unit-level activity B) Batch-level activity C) Product-level activity D) Facility-level activity
Which stage of the organizational design process includes focusing on employees’ roles and performance, the way they communicate with each other, and their willingness to adjust to change?
a. Gathering data b. Renew the design c. Setting the scene d. Implementing the design