Under the theory of constraints, throughput is defined as the difference between the sales and the operating expenses of a plant.
Answer the following statement true (T) or false (F)
True
Goldratt's nontraditional definition of throughput: the sales of the plant minus the cost of raw materials used to produce those sales.
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A common criticism of the marketing system is that intermediaries ________
A) are too few in number B) mark up prices beyond the value of their services C) provide only essential services D) undervalue their service costs E) are overly protective of manufacturers' interests
In many other countries, variable pay has negative connotations, at least in part because ______.
A. it is illegal B. it is an individual incentive C. of negative views of the United States D. most other cultures prefer praise to tangible rewards
Small businesses make less use of DCF capital budgeting techniques than large businesses. This may reflect a lack of knowledge on the part of small firms' managers, but it may also reflect a rational conclusion that the costs of using DCF analysis outweigh the benefits of these methods for very small firms.
Answer the following statement true (T) or false (F)
Erin has a tax credit of $100 and a marginal tax rate of 28 percent. Erin's income tax liability will be reduced by how much as a result of the credit?
A) $100 B) $128 C) $28 D) $2,800