One way to think about problems is to:
A) think that they arise from bad programming and older technology.
B) visualize them as elements on a feasibility impact grid.
C) realize that we all make mistakes and not assign blame to anyone.
D) reflect on the lack of perfection within any team framework and avoid the blame syndrome.
E) think about them as situations where goals have never been met or are no longer being met.
E
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When you have covered all the main points in your speech, you should
A) get ready to end your message on a strong, positive note. B) wrap up as quickly as possible. C) avoid using such phrases as "To sum it all up" and "In conclusion." D) add one new thought to keep the audience thinking about the presentation. E) end with a detailed explanation of how hard you worked on preparing your speech.
There is one single format for a work sheet
a. True b. False Indicate whether the statement is true or false
A master production schedule is what type of schedule?
a. Strict b. Fixed c. Rolling d. Flexible
Two-Rivers Inc. (TRI) manufactures a variety of consumer products. The company's founders have run the company for thirty years and are now interested in retiring. Consequently, they are seeking a purchaser, and a group of investors is looking into the acquisition of TRI. To evaluate its financial stability, TRI was requested to provide its latest financial statements and selected financial ratios. Summary information provided by TRI is presented below.TRIStatement of IncomeFor the Year Ended November 30, Year 2(In thousands)Sales (net)$31,000 Costs and expenses: Cost of goods sold 17,600 Selling and administrative expense 3,550 Depreciation and amortization expense 1,890 Interest expense 900 Total costs and expenses 23,940 Income before taxes 7,060 Income
taxes 2,900 Net income$4,160 TRIBalance SheetAs of November 30(in thousands) Year 2Year 1Cash$400 $500 Marketable securities 500 200 Accounts receivable, net 3,200 2,900 Inventory 5,800 5,400 Total current assets 9,900 9,000 Property, plant, & equipment, net 7,100 7,000 Total assets$17,000 $16,000 Accounts payable$3,700 $3,400 Income taxes payable 900 800 Accrued expenses 1,700 1,400 Total current liabilities 6,300 5,600 Long-term debt 2,000 1,800 Total liabilities 8,300 7,400 Common stock, $1 par value 2,700 2,700 Additional paid-in capital 1,000 1,000 Retained earnings 5,000 4,900 Total stockholders' equity 8,700 8,600 Total liabilities and stockholders' equity$17,000 $16,000 Selected Financial Ratios TRITRIIndustry Year 1Year 0AverageCurrent ratio 1.62 1.61 1.63 Acid-test (quick) ratio 0.63 0.64 0.68 Times interest earned ratio 8.50 8.55 8.45 Debt to equity ratio 1.02 0.94 1.03 Inventory turnover 3.21 3.17 3.18 Required:a. Calculate the select financial ratios for the fiscal year Year 2.b. Interpret what each of these financial ratios means in terms of TRI's financial stability and operating efficiency. What will be an ideal response?