Kidzo Inc., a toy car company, has several units in its factory. Each unit is dedicated to producing different parts of the toy cars. For example, it has a unit that makes wheels, a unit that makes steering wheels, a unit that makes the body of the cars, and a separate unit that assembles all the parts together. In this scenario, Kidzo Inc. uses a _____.
A. cellular layout
B. fixed position layout
C. line layout
D. product layout
Answer: A
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A company issued 5-year, 7% bonds with a par value of $100,000. The market rate when the bonds were issued was 6.5%. The company received $102,105 cash for the bonds. Using the straight-line method, the amount of recorded interest expense for the first semiannual interest period is:
A. $6,633.70. B. $3,500.00. C. $3,613,70. D. $7,000.00. E. $3,289.50.
Companies that know how to resolve claims effectively will retain most of their complainers as customers
Indicate whether the statement is true or false
You decide to open a bookstore with a wide selection, comfortable seating, and an internal coffee shop because it has worked very well for other bookstores you have visited. Your strategy could be described as externally neutral
Indicate whether the statement is true or false.
Suppose that Cathy's assets include an automobile worth $10,000 and a checking account with a $5,000 balance, while her liabilities include a student loan balance of $2,000 and a car loan balance of $8,000. What is her net worth?
A) $10,000 B) $8,000 C) $5,000 D) $2,000