If accounts receivable are 20% of sales and the level of sales doubles, the percent of sales says that accounts receivable will be 40% of sales.?
Answer the following statement true (T) or false (F)
False
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At December 31, 2015, the accounting records of Farmer Corporation contain the following: Accounts payable $ 16,000 Accounts receivable $ 40,000 Land 240,000 Cash ? Capital stock ? Equipment 120,000 Building 180,000 Notes payable 190,000 Retained earnings 160,000 If Cash is $26,000, what is the December 31, 2015 capital stock balance?
a. $272,000 b. $240,000 c. $220,000 d. $400,000
A large hardware store is considering an investment in technology to enable easier inventory tracking of boxes of product when received. What technology could the hardware store consider?
a. DTC b. SQC c. ASQ d. RFID
Juniper Ltd, a manufacturer of jams and jellies, has been sued by Trevor who alleges that
he consumed worms in one of their products and which made him severely ill. Juniper sells all of its products through an independent regional distributor Jellyco. Juniper's manufacturing process entails bottling the jams and jellies when the mixtures are at boiling temperatures and thereafter immediately sealing the containers. It therefore believes that it is impossible that worms could have been in its product when it left the manufacturing plant. Which of the following is its best defence to Trevor's claim? A) That it did not cause the defect in the product B) That it does not know how the defect occurred C) That Jellyco must have caused the defect D) That Trevor did not really suffer an injury E) That it owed no duty of care to Trevor
Sasha wants to develop her positive psychological capital. Which one of the following components would not help her achieve her goal?
A) hope in the form of perseverance B) pessimism in the form of looking carefully at the negative aspects of situations C) self-efficacy in the form of succeeding at challenging tasks D) resiliency in the form of bouncing back from adversity