When one creditor guarantees a debtor's debt to another creditor to forestall litigation, the guaranty does not need to be in writing to be enforceable
Indicate whether the statement is true or false
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Bradley Corporation has three production departments A, B, and C. Bradley Corporation also has two service departments, Administration and Personnel. Administration costs are allocated based on value of assets employed, and Personnel costs are allocated based on number of employees. Assume that Administration provides more service to the other departments than does the Personnel Department. Dept
Direct Costs Employees Asset Value Admin. $900,000 25 $450,000 Personnel 350,000 10 600,000 A 700,000 15 300,000 B 200,000 5 150,000 C 250,000 10 800,000 Refer to Bradley Corporation. Using the step method, what amount of Administration costs is allocated to B (round to the nearest dollar)? a. $72,973 b. $291,892 c. $145,946 d. $389,189
Early pioneer in online education, University of Phoenix, has faced increasing challenges from traditional university online programs who are able to offer their programs at the same cost. This is an example of which generic strategy gone wrong:
A. Overall cost leadership. B. Low cost leadership. C. Focus strategy. D. Differentiation.
Changing the value of the objective coefficient will change ______.
a. final value b. optimal solution c. total profits d. constraints
If a company pays cash to settle a customer's warranty claim, what is the effect on the accounting equation?
What will be an ideal response?