Which resource should the company work to increase, inventory space or assembly time?
A large sporting goods store is placing an order for bicycles with its supplier. Four models can be ordered: the adult Open Trail, the adult Cityscape, the girl's Sea Sprite, and the boy's Trail Blazer. It is assumed that every bike ordered will be sold, and their profits, respectively, are 30, 25, 22, and 20. The LP model should maximize profit. The store needs to worry about several conditions. One of these is space to hold the inventory. An adult's bike needs two feet, but a child's bike needs only one foot. The store has 500 feet of space. There are 1200 hours of assembly time available. The child's bikes need 4 hours of assembly time, the Open Trail needs 5 hours, and the Cityscape needs 6 hours. The store would like to place an order for at least 275 bikes.
assembly time
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A loan in which the lender deducts interest from the amount borrowed before the money is advanced to the borrower is called an interest bearing note
Indicate whether the statement is true or false
Marjorie Company's cash balance per the books at the end of the month was $ 7 comma 300. After comparing the company's records with the monthly bank statement, Marjorie's accountant identified the following reconciling items: outstanding checks, $800; deposits in transit, $700; bank service charge, $ 20; and NSF check, $ 200. The bank collection of a note receivable was $ 1 comma 400 plus interest of $ 160. There also was an EFT payment of $ 180. What is the adjusted book balance at the end of the month?
A. $8470 B. $8640 C. $7270 D. $8490
Tangles Costume Jewelry offers slightly lower quality merchandise than competitors at a much lower price. What strategy is Tangles using?
A. cost-leadership B. differentiation C. product diversification D. niche marketing
The minimum number of board members necessary to be present at a meeting in order to transact business is known as:
A) a plurality. B) the entire board of directors. C) a quorum. D) a minority.