The validity of a provision permitting the franchisor to establish and enforce certain quality standards is questionable.
Answer the following statement true (T) or false (F)
False
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Assume the current ratio is 3 to 1 . Estimating the warranties expense on the period's sales would cause the current ratio to
a. increase b. decrease c. be unchanged since the effects offset one another d. be unchanged since it has no effect on any current accounts
The interest accrued on $7,500 at 6% for 90 days is: (Use 360 days a year.)
A. $11.25. B. $450.00. C. $37.50. D. $1,800.00. E. $112.50.
Which statement about digital slide decks is most accurate?
A) Many business writers deliver their informal reports as digital slideshows, which are also called slide decks. B) Slide decks are more inviting to read than hard copies of informal reports. C) Slide decks are often used by individuals in marketing, technology, media, entertainment, and consulting. D) All answer choices are accurate statements about digital slide decks.
San Juan Minerals (SJM) has two service departments and two operating departments. Operating data for these departments for last year are as follows: Service DepartmentsOperating Departments MaintenanceCafeteriaMiningProcessingDepartmental costs$48,000$45,000$70,000$130,000Machine hours 2,000 1,000 11,000 9,000Number of employees 40 30 400 360 Costs of the Maintenance Department are allocated on the basis of machine hours. Cafeteria costs are allocated on the basis of number of employees. SJM does not distinguish between variable and fixed overhead costs. Assuming that SJM allocates service department costs using the direct method, the total cost allocated from Cafeteria to Mining would be closest to:
A. $22,500 B. $21,687 C. $15,750 D. $23,684