A tax adjustment must be made in determining the cost of ________

A) long-term debt
B) common stock
C) preferred stock
D) retained earnings


A

Business

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When common stock is issued at an amount greater than par value, the difference between the par value and the proceeds from the sale is recorded by

A) crediting the common stock account. B) debiting an additional paid-in capital account. C) crediting the retained earnings account. D) crediting an additional paid-in capital account.

Business

Which statement regarding efficient supply chains is most accurate?

A. Efficient supply chains traditionally use expensive, but faster, modes of transportation. B. Efficient supply chains emphasize economies of scale by increasing the variety of system configurations offered. C. Efficient supply chains use common platforms and common components across several products. D. Efficient supply chains often operate with relatively low inventory levels. E. Efficient supply chains rely on maintaining large geographically dispersed inventory warehouses.

Business

After resource leveling or smoothing one goal is that the amount of resources needed over the life of the project will be ________.

Fill in the blank(s) with the appropriate word(s).

Business

Smith Electronics reported the following figures in its 2017 and 2016 financial statements

2017 2016 Cash $ 38,500 $ 25,000 Cash Equivalents 3,000 2,000 Total Current Liabilities 33,200 30,000 Compute the cash ratio for 2017 and 2016. What does the cash ratio measure? Use this information to discuss the business performance of Smith Electronics. What will be an ideal response

Business