Which one of the following is not an advantage of using the FIFO cost flow assumption?
A) produces lowest net income in periods of rising prices
B) provides a relevant ending inventory value
C) is not as susceptible to profit manipulation by management
D) does not produce unusual results when inventory liquidation occurs
A
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Contracts with bondholders, other lenders, and preferred shareholders often limit dividend payments and thereby compel the retention of earnings. Which of the following is/are true?
a. A bond contract may require that total liabilities not exceed the total amount of shareholders' equity. b. A bond contract may require that firms retire debt "out of earnings.". c. A bond contract's provisions may involves curtailing dividends so that the necessary debt service payments, plus any dividends, do not exceed the amount of earnings for the period. d. Financial statement notes must disclose significant limitations on dividend declarations. e. all of the above
Multiple buying influence should be expected in
A. straight rebuy buying. B. modified rebuy buying. C. new-task buying. D. vendor buying. E. None of these answers is correct.
The supplier offers the Krewe of Orpheus a deal; if they will buy at least 50,000 at a time, they will pay only 4.99 cents each, and if they buy at least 100,000 at a time, they will pay only 4.98 cents each. What is the optimal order quantity?
The Krewe of Orpheus maintains a supply of swizzle sticks for events throughout the year. Demand for swizzle sticks is shockingly low, a quick check of krewe records from last year reveals that they used only 585,000, but the krewe president believes that they should be good stewards of what they have, so they seek to manage this inventory using the EOQ policy, although they prefer to refer to it as an EOKrewe policy for obvious reasons. Swizzle sticks are not expensive items, they cost a nickel apiece largely due to the club logo printed on each one. This also serves to increase the lead time as they can't be obtained from a standard restaurant supply house. Instead, they must be ordered with an eye towards the six day lead time. It costs $15 to place an order, most of this cost is a result of explaining the meaning of "Laissez les bons temps rouler" and why it should be printed on the edge of each swizzle stick. Holding cost is 20% of purchase price. A) 41,892 B) 46,837 C) 50,000 D) 100,000
________ is a knowledge transfer system developed by the Spears School of Business at Oklahoma State University designed to capture the knowledge of experienced ammunition personnel leaving the Army
Fill in the blanks with correct word