Vertical analysis will result in common-size statements
Indicate whether the statement is true or false
T
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A push manufacturing system is one in which production is based on ______.
A. forecasted demand or projected sales B. customer orders C. number of assemblies (of parts and components) required for a product D. ISO standards
The following information appears in Molsone Company's records for the year ended December 31: Inventory, January 1 .................................. $ 325,000 Purchases ............................................. 1,150,000 Purchase returns ...................................... 40,000 Freight-in ............................................ 30,000 Sales
................................................. 1,700,000 Sales discounts ....................................... 10,000 Sales returns ......................................... 15,000 On December 31 . a physical inventory revealed that the ending inventory was only $210,000 . Molsones gross profit on net sales has remained constant at 30 percent in recent years. Molsone suspects that some inventory may have been pilfered by one of the company's employees. At December 31 . what is the estimated cost of missing inventory? a. $75,000 b. $82,500 c. $210,000 d. $292,500
Which of the following best describes the appropriate use of euphemisms?
a. Eliminate euphemisms because people can recognize such expressions for what they are—unpleasant ideas presented with a little sugar coating. b. Avoid euphemisms with excessive sugar coating and those that appear sarcastic. c. Use euphemisms whenever possible because they show your attempt to be polite and positive. d. None of the above describes appropriate use.
If a firm gives as much or more weight to seniority as to ability and productivity when considering layoffs, it is likely that the organization is unionized.
Answer the following statement true (T) or false (F)