Contributed capital is shown on a corporate balance sheet as two amounts: the par value of the issued stock and retained earnings

Indicate whether the statement is true or false


False

Business

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Mungo Pet Supplies makes cat trees for several pet store chains. They order rolls of carpet (used to cover the trees) from a supplier. Mungo’s management has decided to use an EOQ model. The annual demand for carpet is estimated to be 1,000 rolls. The purchase price per roll is $20 and estimated inventory carrying cost rate is 25%. The cost to place an order from the supplier is $30. What is the total annual cost for the optimal order quantity?

a. $109.54 b. $600 c. $547.72 d. $273.86

Business

Traditional diversity policies and programs target the organization’s ______ in an attempt to improve employment opportunities of disadvantaged groups.

a. HR policies b. supervisory practices c. own workforce d. training programs

Business

____________________ relate to the size and quality of a corporation’s local market.

a. Factor conditions b. Demand conditions c. Demand conditions d. Resource pockets

Business

When an explanatory variable is dropped from a multiple regression model, the adjusted coefficient of determination can increase

Indicate whether the statement is true or false

Business