Which of the following was one of the reasons the Oil Pollution Act was passed?
A)?Because of Exxon's oil spill in the New York area
B)?Because of the damage caused by the Exxon Valdez spill in Prince William Sound Alaska
C)?Because of the BP pipeline bursting in Prudhoe Bay
D)?Because of the issues at Love Canal
B
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Under the going concern principle, accountants must provide proof that the business will remain in operations long enough to use existing resources for their intended purpose
Indicate whether the statement is true or false
If the order quantity per order is 2,000 units, annual demand is 10,000, and cost per order is $50, then which of the following statements is true?
a. There are 15 orders in the year. b. The average inventory is 1,000 units. c. The holding cost per unit is $2.50. d. The total annual holding costs are $25,000 (= $2.50 * 10000).
The student internship director needs as much coverage as possible in the office next week. The more hours that can be put in each day, the better. She has asked the students to provide a list of how many hours they are available each day of the week
Each student can be there on only one day and there must be a student in the office each day of the week. Use the table below and the tables provided to determine the schedule that gives the most coverage. Note that the objective of this problem is to maximize the hours worked, not minimize. Student Mon Tue Wed Thurs Fri A 2 4 8 4 6 B 3 2 7 3 2 C 6 8 6 5 4 D 7 4 3 6 8 E 4 5 3 1 4
Aunt Tilly borrows $3,500 from the bank at 12 percent annually compounded interest to be repaid in four equal annual installments. The interest paid in the first year is ________
A) $ 152 B) $ 277 C) $ 420 D) $1,152