The following information is given for Camino Company: Cash $ 50,000 Inventory $ 45,000 Land 75,000 Accumulated Depreciation 40,000 Plant & Equipment 150,000 Accounts Payable 60,000 What are the company's current assets?
a. $220,000
b. $155,000
c. $130,000
d. $ 95,000
d
You might also like to view...
On January 1, a company issued and sold a $390,000, 4%, 10-year bond payable, and received proceeds of $381,000. Interest is payable each June 30 and December 31. The company uses the straight-line method to amortize the discount. The carrying value of the bonds immediately after the first interest payment is:
A. $380,550. B. $390,450. C. $389,550. D. $381,450. E. $390,000.
The Customer Meeting (Scenario)Kelly, a production supervisor, is responsible for 10 employees who assemble components into a finished product that is sold to distributors. Kelly reports to Ben, a production manager, who in turn reports to Dan, a general manager, who reports to McKenna, a vice president of operations. Recently, McKenna asked Dan to have a meeting with Kelly and Ben regarding some customer concerns in the production area. The focus of the meeting was to judge the validity of the customer concerns, and to develop a specific plan to address these concerns.Ben and Dan are ________.
A. top managers B. middle managers C. supervisors D. first-line managers
The production of services typically requires a lower degree of customization than does manufacturing
a. True b. False Indicate whether the statement is true or false
In Juran's quality trilogy, the process of preparing to meet quality goals is called:
a. quality planning. b. quality control. c. quality improvement. d. quality leadership.