An aggressive working capital policy would have which of the following characteristics?
A) A high ratio of long-term debt to fixed assets
B) A low ratio of short-term debt to fixed assets
C) A high ratio of short-term debt to long-term sources of funds
D) A short average collection period
C) A high ratio of short-term debt to long-term sources of funds
You might also like to view...
Posting to the subsidiary journals is not done from the
a. sales journal; b. general journal; c. cash receipts journal; d. purchases journal; e. trial balance
Department G had 3,600 units, 25% completed at the beginning of the period, 15,000 units were completed during the period, 3,000 units were one-fifth completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period: Work in process, beginning of period $40,000 Costs added during period: Direct materials (10,400 at
$8 ) 83,200 Direct labor 63,000 Factory overhead 25,000 Assuming that all direct materials are placed in process at the beginning of production and that the first-in, first-out method of inventory costing is used, what is the total cost of the units "started and completed" during the period (round unit cost calculations to four decimal places)? A) $211,200 B) $134,112 C) $190,275 D) $20,934
Which of the following is NOT a short-term capacity planning decision?
a. capacity control b. analyzing weekly schedules and bottlenecks c. balancing the workload d. relocating the plant
Preemptive rights allow common stockholders to maintain their proportionate ownership in the corporation when new issues are made
Indicate whether the statement is true or false