Refer to the data on Expected Demand for Weston Gadgets, Inc. Based on the Hurwicz criterion, what is the payoff for the option to do nothing if you used the coefficient of realism of 0.6?
a. $46.00 million
b. $20.80 million
c. $43.20 million
d. $33.20 million
c. $43.20 million
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One way to think about objectives is that they are to goals what strategy is to tactics
Indicate whether the statement is true or false
Costs that are incurred for monitoring and inspecting are:
a. Prevention costs. b. Failure costs. c. Detection costs. d. Appraisal costs.
Which of the following is an order of the court directed at wages owed by an employer where the debtor has an account?
A) garnishment B) writ of execution C) attachment D) injunction
Howard Corporation uses a petty cash system to pay for miscellaneous expenses. Howard established the petty cash fund with $600 on March 1. On March 31, the petty cash fund contained $12.98. The custodian of the fund saved the following vouchers for cash payments during March:
Required:a) Record the entry to establish the petty cash fund in general journal format.b) Assuming the company combines the entries to record the disbursements and to replenish the petty cash fund, record that entry in general journal format.
What will be an ideal response?