Performance reports allow comparisons between actual performance and budget expectations
Indicate whether the statement is true or false
True
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Which of the following is not a relevant consideration when identifying alternatives for achieving your financial goals?
A) Choosing a large versus small university B) Pursuing additional education C) Choosing a state versus private university D) Choosing a major for study that enhances earning power
What is the average amount of safety stock for the reorder point in part (a)?
Kelly's Service Station does a large business in tune-ups. Demand has been averaging 210 spark plugs per week. Holding costs are $0.01 per plug per week, and reorder costs are estimated at $10 per order. Kelly does not want to be out of stock on more than 1% of his orders. There is a one-day delivery time. The standard deviation of demand is five plugs per day. Assume a normal distribution of demand during lead time and a seven-day work week.
Sometimes groups lose their critical evaluative abilities and, out of a desire for unanimity, members often overlook realistic, meaningful alternatives as attitudes are formed and decisions are made
Indicate whether the statement is true or false
Participating preferred stock requires that if a compnay fails to pay a dividend in any year, it must make it up in a later year before paying any common divided
a. true b. false