The following information is available for Orange Company: Cost of goods sold for 2014 ........................... $1,200,000 Inventories at December 31 . 2013 ...................... 350,000 Inventories at December 31 . 2014 ...................... 310,000 Assuming that a business year consists of 360 days, the number of days' sales in average inventories for 2014 was
a. 49.5.
b. 93.
c. 99.
d. 105.
C
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Joya works as a middle manager at a company in a state that has recently passed “Ban the Box” legislation. When she is hiring for a new customer relations position, which of the following can she not ask of applicants on the initial application form because of this legislation?
a. Do you have a criminal record? b. Do you have a drug or alcohol problem? c. Have you ever been fired from a job before? d. Are you committed to charitable giving?
A cellular manufacturing layout ______.
a. is an example of a hybrid layout b. was introduced in 1822 c. was applied by Henry Ford in his assembly line d. is best suited for service industries
The accrual basis of accounting reflects the principle that revenue is recorded when it is earned, not when cash is received.
Answer the following statement true (T) or false (F)
Nutrimax, a sports foods manufacturer, has recently expanded its operations to different countries. The company has realized that customers in different countries have different tastes and preferences. So, the company customizes its products based on the country where it's selling. In this scenario, Nutrimax is most likely to be using which of the following strategies?
A. Global standardization B. Localization C. Achilles heel D. Centralization E. Transnational