Use the information in Table J.5. The sequence of jobs using the slack per remaining operations (S/RO) rule, is:
A) 1-3-2
B) 3-2-1
C) 1-2-3
D) 2-3-1
A
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Based on the information in the following income statement and balance sheet for Monterey Corporation, determine the cash flows from operating activities using the direct method.Monterey CorporationIncome StatementFor Year Ended December 31, Year 2Sales? $ 504,000Cost of goods sold 327,600 ?Depreciation 42,000 ?Other operating expenses 125,500 (495,100)Other gains (losses):?? Gain on sale of equipment? 7,200Income before taxes? 16,100Income tax expense? (4,800)Net income? $ 11,300Monterey CorporationBalance SheetsAt December 31? Year 2Year 1Cash $64,650 $55,800Accounts receivable 21,000 29,000Inventory 58,000 52,100 Equipment 240,000 222,000 Accumulated depreciation (106,000)
(96,000)Total assets $277,650 $262,900??? Liabilities:?? Accounts payable $28,400 $23,700 Income taxes payable 1,050 1,200 Total liabilities $29,450 $24,900Equity:?? Common stock $106,000 $106,000 Paid-in Capital in Excess of Par 18,000 18,000 Retained earnings 124,200 114,000 Total equity $248,200 $238,000Total liabilities and equity $277,650 $262,900 What will be an ideal response?
Maintaining high ethical standards on the part of the sales personnel is a critical driver of sales force performance. It affects the firm's capacity to build relationships with customers as well as:
A. Develop a positive work environment for employees. B. The salespersons overall ethical values C. The likelihood to get quickly promoted. D. Guarantee customer's satisfaction with their products. E. None of the above
When may an employer require an employee to submit to a lie detector test?
a. When the employee has been hired for less than 90 days b. When the test is part of an on-going investigation into crimes that have occurred. c. When the employer has reason to believe the employee is using illegal drugs on the job. d. When all employees are being questioned using a lie detector.
The issue of reactive management policies occurs in which stage of global corporate citizenship?
A. Engaged. B. Transforming. C. Integrated. D. Innovative.