A potential consequence of using low-price tactics is lower profits
Indicate whether the statement is true or false
TRUE
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The Universal Declaration of Human Rights proclaims that every individual has the right to own a passport
Indicate whether the statement is true or false
The following information is for Cleveland Company: 12/31/201612/31/2015Accounts receivable $143,500? $206,000? Prepaid rent 59,000? 29,300? Long term investments 154,500? 184,000? Dividends payable 57,200? 74,800? Salaries payable 181,000? 188,400? Long term notes payable 360,800? 390,200? Additional data for the current year: (1) Sales on account for the period were $246,000. (2) Operating expenses for the period were $133,000. Based on this limited information, what was the net cash inflow from operating activities?
A. $62,500 B. $138,400 C. $113,000 D. $37,100
Use the information below to answer the following question(s):Howard Co. uses the direct method to prepare its operating activities section of the statement of cash flows. Indicate how each event affects net income and the three types of activities on the statement of cash flows. In the net income column, use the letter "I" to indicate increase, the letter "D" to indicate decrease, and the letters "NA" to indicate no effect on net income. In the three cash flow columns, use the letter "I" to indicate cash inflow, the letter "D" to indicate cash outflow, and the letters "NA" to indicate no effect on cash flows.Howard Co. purchased $4,000 of supplies, paying $1,500 in cash and charging the remainder on account. $1,600 of the supplies were used during the accounting period. (Show the
combined effects of the events.)
What will be an ideal response?
Choi Corporation is conducting a time-driven activity-based costing study in its Order Fulfillment Department. The company has provided the following data to aid in that study:Activity Data:Processing OrdersPreparing DeliveriesHandling Returns ReviewsMinutes per unit of the activity143032?Cost Object Data:Customer PCustomer QCustomer RNumber of orders processed32243Number of deliveries prepared1499Number of returns handled001?The cost per minute of the resource supplied is $0.40.?On the Customer Cost Analysis report in time-driven activity-based costing, the Preparing Deliveries cost assigned to Customer P would be closest to:
A. $168.00 B. $128.00 C. $102.67 D. $12.00