The difference between gross sales and net sales is equal to the sum of sales discounts and sales returns and allowances
Indicate whether the statement is true or false
T
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E-mail systems and other forms of communication technology make employees more efficient while simultaneously
a. increasing their workload. b. slowing them down. c. complicating their work. d. none of the above
On January 1, Year 4, Jones Realty Company issued 8 percent term bonds with a face amount of $1 million due January 1, Year 14 . Interest is payable semi-annually on January 1 and July 1 . On the date of issue, investors were willing to accept an effective interest rate of 6 percent. Assume the bonds were issued on January 1, Year 4 . for $1,148,959 . Using the effective interest amortization
method, Jones Realty Company recorded interest expense for the six months ended June 30, Year 4, in the amount of a. $40,000 b. $80,000 c. $68,938 d. $34,469 e. none of the above
The rationale for making strategy-critical value chain activities the primary building blocks in a company's organizational scheme is based on the
A. benefit such an organizational scheme has in improving the productivity of geographically scattered organizational units. B. much shorter time it takes to build core competencies and competitive capabilities. C. benefit such an organizational scheme has in reducing costs. D. thesis that if activities crucial to strategic success are to have the resources, decision-making influence, and organizational impact, they have to be centerpieces in the organizational scheme. E. benefit such an organizational scheme has in making the empowerment of employees more effective.
Consider the data on Inventory of Widgets Over a 10-Day Period. Any time that ending inventory falls to 15 or below, an order is placed for 20 units of the product. The lead time for delivery varies and is shown in the column under Lead Time. If the backorder costs amount to $3 for each widget that is on backorder, then what are the total backorder costs?
a. $3
b. $22
c. $0
d. $68