To deal with the threat of smoke, the responsible manager should install _______ in every room that contains computer equipment as well as under raised floors and over suspended ceilings
What will be an ideal response?
smoke detectors
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Which of the following is NOT a concern of suppliers as they prepare to enter into JIT partnerships?
A) Suppliers feel that they would be less at risk if they contracted with more than one customer. B) Suppliers are concerned that customers will present frequent engineering changes with inadequate lead time to deal with them. C) Suppliers feel that their processes are suited for larger lot sizes than the customer wants. D) Suppliers are concerned that frequent delivery of small quantities is economically prohibitive. E) All of the above represent JIT supplier concerns.
If promotion is successful at stimulating demand, it will tend to increase prices.
Answer the following statement true (T) or false (F)
A famous musician sells the copyright of one of his songs to a record company for $2 million. In this scenario, the sale of the copyright of the song exemplifies the sale of a(n) _____.
A. current liability B. operating liability C. tangible asset D. intangible asset
A company reported the following stockholders' equity on January 1 of the current year: Common stock, $10 par, 1,000,000 shares authorized, 250,000 shares issued …………………..$2,500,000Paid-in capital in excess of par, common ………………1,260,000Retained earnings ………………………………………1,675,000Total stockholders' equity …………………..………….$5,435,000Prepare journal entries for the following selected transactions related to this company's stock during the current year:Mar. 1Purchased 10,000 shares of treasury stock for $18 per share.May 5Sold 4,000 shares of treasury stock for $16 per share.Oct. 12Sold 2,000 shares of treasury stock for $19 per share.
What will be an ideal response?