In which section of the financial statements would Paid-In Capital from Sale of Treasury Stock be reported?
A) other expense on income statement
B) intangible asset on balance sheet
C) stockholders' equity on balance sheet
D) other income on income statement
C
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When company management decides that it is unwilling to follow the "conventional wisdom" and instead finds a new way to gain competitive advantage, it might be said to be:
A) searching for loose bricks. B) changing the rules of engagement. C) collaborating. D) building layers of advantage. E) innovating.
More goods and services are sold in the ________ market than in the ________ market
A) domestic; international B) business-to-business; consumer C) consumer; producer D) industrial; business-to-business E) e-commerce; Internet
What is the difference between direct and indirect benefits and costs?
What will be an ideal response?
The new office supply discounter, Paper Clips, Etc. (PCE), sells a certain type of ergonomically correct office chair that costs $300
The annual holding cost rate is 40% of the item cost, annual demand is 900 units, and the ordering cost is $20 per order. The lead time is 4 days. Because demand is variable (standard deviation of daily demand is 2.4 chairs), PCE has decided to establish a customer service level of 90%. The store is open 300 days per year. (a) What is the optimal order quantity? (b) What is the safety stock? (c) What is the reorder point?