Scenario B. Three students-Bernardo, Astrid, and Rajiv-are discussing how to improve efficiency in a manufacturing context. Bernardo says that the company must work toward achieving lower costs per unit of production. Rajiv believes that the company should use the same resources to make more related products. Astrid holds that avoiding the costs of growing too large and creating waste will improve efficiency.When he says that the company should use the same resources to make more related products, Rajiv is calling for

A. diseconomies of scale.
B. economies of scale.
C. economies of size.
D. diseconomies of scope.
E. economies of scope.


Answer: E

Business

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If a company retires preferred stock, ________.

A) total stockholders' equity will decrease B) total stockholders' equity will increase C) the company can record a gain or loss on retirement of stock D) the number of outstanding shares will increase

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Answer the following statements true (T) or false (F)

We choose what we are and what we become through various self-influence processes.

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The following information is taken from Reagan Company's December 31 balance sheet:  Cash and cash equivalents$9819?Accounts receivable$77,422?Merchandise inventories$67,362?Prepaid expenses$5500?Accounts payable$16,350?Notes payable$93,638?Other current liabilities$10,900? If net credit sales for the current year were $604,500, the firm's days' sales uncollected for the year is: (Use 365 days a year.)

A. 158.7 days B. 46.7 days C. 40.7 days D. 78.5 days E. 68.3 days

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In the case of Lindholm v. Brant, the court ruled:

a. Brant was a BIOC, entitled to keep the painting in question. b. Brant could not be a BIOC since the seller had a reputation for dishonesty. c. Brant could not be a BIOC because he did not act in good faith. d. no entrustment was involved because Malmberg was not a "merchant who deals in goods of that kind.".

Business