Lean manufacturing and just-in-time (JIT) systems are both concerned with reduction of inventory levels
Indicate whether the statement is true or false
true
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At the end of its first year of operations, Shapiro's Consulting Services reported net income of $27,000. They also had account balances of: Cash, $16,000; Office Supplies, $3,200; Equipment, $24,000 and Accounts Receivable, $8,000. The owner's total investment for this first year was $15,000 and the owner withdrew $2,000 for personal use.What are the total liabilities of Shapiro's Consulting Services at the end of the first year of operations?
A. $24,200 B. $27,000 C. $42,000 D. $11,200
Records management is the systematic management of the creation, retention, and destruction of records
Indicate whether the statement is true or false.
A bank draft is a check drawn by a bank on its own funds (or credit) in another bank located in the same city or another city
Indicate whether the statement is true or false.
An investor with a short position in Treasury notes futures will profit if
A. interest rates decline. B. interest rates increase. C. the prices of Treasury notes increase. D. the price of the long bond increases. E. None of the options are correct.