A(n) ________________________________ is a numerical list of all of the accounts used by an entity
Fill in the blank(s) with correct word
chart of accounts
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Last year Vaughn Corp. had sales of $315,000 and a net income of $17,832, and its year-end assets were $210,000. The firm's total-debt-to-total-assets ratio was 42.5%. Based on the DuPont equation, what was Vaughn's ROE?
A. 14.77% B. 15.51% C. 16.28% D. 17.10% E. 17.95%
Diamond Plywood, Inc., manufactures four types of plywood panels. Each product must go through the following operations: patching, grading, gluing, and baking. The time in hours required for each operation for each panel, the total capacity available for each of these operations in a given month, as well as the minimum production requirements and the profit contributions per panel are given in the following table. Based on this information, at the optimal production point what is the quantity of tropical plywood panels that Diamond Plywood will produce?
A. 850 B. 450 C. 350 D. 200
The setup cost to make carpet is $20 per setup. The holding cost is $2.00 per yard per year, and the annual demand is 12,000 yards. The manufacturing facility operates 300 days, and 120 yards of the carpet are produced per day. Given this information, which of the following statements is true?
a. The daily demand rate is 40. b. The daily demand rate is 32.8. c. The daily demand rate is 120. d. The daily demand rate is 12,000.
One of the unique contributions of small businesses is that they keep larger firms competitive.
Answer the following statement true (T) or false (F)