____________________ are transactions involving the exchange of cash between the company and its owners (stockholders) and creditors
Fill in the blank(s) with correct word
Financing activities
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The buying and building of operating facilities in a foreign country is a ______.
a. joint venture b. strategic alliance c. direct investment d. global manufacturing decision
When are fixed costs relevant in a make or buy decision?
A) Fixed costs are never relevant to the decision. B) Fixed costs are relevant when they differ among alternatives. C) Fixed costs are always relevant to the decision. D) Fixed costs are relevant when they exceed variable costs.
Diamond Plywood, Inc., manufactures four types of plywood panels. Each product must go through the following operations: patching, grading, gluing, and baking. The time in hours required for each operation for each panel, the total capacity available for each of these operations in a given month, as well as the minimum production requirements and the profit contributions per panel are given in the following table. Based on this information, at the optimal production point what is the profit from soft plywood panels?
A. $7,400.00
B. $8,200.00
C. $6,640.00
D. $7,950.00
Leete Inc. reported the following results from last year's operations: Sales$14,000,000Variable expenses 9,660,000Contribution margin 4,340,000Fixed expenses 2,940,000Net operating income$1,400,000?Last year's margin was closest to:
A. 20.0% B. 79.0% C. 10.0% D. 31.0%