Future value increases with increases in the interest rate or the period of time funds are left on deposit
Indicate whether the statement is true or false
TRUE
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A company made no adjusting entry for accrued and unpaid employee wages of $28,000 on December 31. This oversight would:
A. Have no effect on net income. B. Understate assets by $28,000. C. Overstate assets by $28,000. D. Understate net income by $28,000. E. Overstate net income by $28,000.
The Bahouth Bike Company has completed an exhaustive analysis for four suppliers of bicycle frames to support their business. They considered on-time speed, top quality and customization in their selection process
Each criterion is given a weight (total = 100 points), and each supplier is scored on each criterion (1 = poor, 10 = excellent). The data are shown in the following table. CRITERION WEIGHT A B C D Sustainability 3 9 2 0 1 Cost 6 3 0 3 10 Quality 8 4 0 9 4 On-time Delivery 4 0 6 1 0 Using the preference matrix (total weighted score) approach for selecting suppliers, which supplier should Bahouth select? What is its total weighted score?
Stoneberger Corporation produces a single product and has the following cost structure: Number of units produced each year 4,000Variable costs per unit: Direct materials$50Direct labor$72Variable manufacturing overhead$6Variable selling and administrative expense$3Fixed costs per year: Fixed manufacturing overhead$296,000Fixed selling and administrative expense$76,000 The variable costing unit product cost is:
A. $202 per unit B. $131 per unit C. $128 per unit D. $125 per unit
Scientific robotics uses computers to produce 2D and 3D images and video of scientific phenomena which cannot otherwise be witnessed.
Answer the following statement true (T) or false (F)