Prepaid insurance is reported on the balance sheet as a
A) current asset
B) fixed asset
C) current liability
D) long-term liability
A
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Most companies
a. are not concerned with the management of working capital because cash flows are good. b. strive for a balance between current assets and current liabilities. c. try to maintain protection from the creditors by keeping only a small amount of cash available. d. agree that working capital of $3,000,000 is sufficient for business operations.
The term Asian has been used to refer to individuals from various communities and to group them into one braid category. What is seen as a consequence of lumping the diverse communities into one?
a. Stereotypical behavior is easier to see b. The individual communities become invisible c. Research is easier to conduct d. The diverse groups benefit as one large multicultural entity
As safety stock increases, the holding cost of that inventory item ________
Fill in the blanks with correct word
Using the fixed-time-period inventory model, and given an average daily demand of 75 units, 10 days between inventory reviews, 2 days for lead time, 50 units of inventory on hand, a service probability of 95 percent, and a standard deviation of demand over the review and lead time of 8 units, which of the following is the order quantity?
A. 4,510 B. 1,044 C. 863 D. 1,178 E. 948