A ______ manager is responsible for just one organizational activity.
A. specialist
B. first-line
C. singular
D. functional
E. top-level
D. functional
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A foreign key in a database table is always:
A. A unique identifier for a record in that table. B. A primary key in a related table. C. A numeric field. D. The name of a UML class.
Priya Singh recently opened a clothing boutique catering to women aged 20 to 60 who are seeking on-trend fashions at an economical price point. Priya focuses on customer service and offers her customers personal styling advice, closet audits, and a generous return policy. She's developing quite a following and has found that social media is a great way to market her business and showcase new arrivals. Since she orders limited numbers of items in a size range, customers know they must call or stop by the shop if they see something posted on Instagram or Facebook that they'd like to own. Priya sells most of her clothing at full price and only offers a "sale" twice each year. Priya was recently asked to speak with a marketing class about pricing and how to run a profitable
business. She was reviewing some information to prepare for the class and wanted to emphasize to the students the importance of identifying fixed costs, variable costs, marginal costs, and marginal revenue as well as their relationship to profitability. Priya planned to demonstrate that profits will be at their highest when A. marginal costs equal marginal revenue. B. fixed costs are less than marginal revenue. C. variable costs are less than fixed costs. D. marginal revenue equals fixed costs.
Zhang Industries budgets production of 300 units in June and 310 units in July. Each finished unit requires 4 pounds (lbs.) of raw material K, which costs $5 per pound. Each month's ending inventory of raw materials should be 30% of the following month's budgeted production. The June 1 raw materials inventory has 360 pounds of raw material K. Compute the budgeted purchases for raw material K in pounds for June.
A. 880 lbs. B. 1,220 lbs. C. 1,240 lbs. D. 1,200 lbs. E. 1,212 lbs.
Maloney Corporation's balance sheet and income statement appear below:Comparative Balance Sheet Ending BalanceBeginning BalanceAssets: Cash and cash equivalents$26 $22 Accounts receivable 44 49 Inventory 38 40 Property, plant and equipment 646 500 Less accumulated depreciation 273 260 Total assets$481 $351 Liabilities and stockholders' equity: Accounts payable$65 $64 Accrued liabilities 22 25 Income taxes payable 33 35 Bonds payable 72 70 Common stock 73 70 Retained earnings 216 87 Total liabilities and stockholders' equity$481 $351 Cash dividends were $42. The company did not dispose of any property, plant, and equipment during the year.Income Statement?Sales$1,059Cost of goods sold 698Gross
margin 361Selling and administrative expense 117Net operating income244Income taxes 73Net income $171Required:Prepare the operating activities section of the statement of cash flows using the direct method. What will be an ideal response?