DPMO is calculated as?

a. DPMO = OFD per unit / (number of defects)(number of units)
b. DPMO = number of units / (OFD per unit)(number of defects)
c. DPMO = number of defects / (OFD per unit)(number of units)
d. DPMO = number of units)(OFD per unit)(number of defects


c. DPMO = number of defects / (OFD per unit)(number of units)

Business

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Which of the following ratios is least useful in evaluating a company's ability to pay its current debts as they become due?

a. current ratio b. debt-to-equity ratio c. debt service coverage ratio d. acid-test ratio

Business

The decision process is always used consciously by consumers

Indicate whether the statement is true or false

Business

The balance of stockholders' equity at the beginning of the year and the end of the year was $50,000 and $60,000, respectively. The company issued no common stock during the year. Dividends were $20,000. What was the net income or loss for the year?

A) Net income of $80,000 B) Net loss of $80,000 C) Net loss of $30,000 D) Net income of $30,000

Business

The board of directors may not appoint a committee to

A. oversee the compensation of the corporation’s officers and directors. B. supervise the audit of the corporation’s financial statements. C. oversee any litigation the business may be involved in. D. authorize dividends or distributions to the shareholders of the corporation.

Business