A company's balance sheet shows: cash $24,000, accounts receivable $30,000, equipment $50,000, and equity $72,000. What is the amount of liabilities?
A. $176,000.
B. $104,000.
C. $32,000.
D. $68,000.
E. $76,000.
Answer: C
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Mergers that combine units within a single corporate entity are called ______.
A. intramergers B. joint mergers C. intermergers D. corporate integration
The first day on the cruise was a "day at sea" meaning no port of call, and only the amenities onboard for amusement. Restless and uncomfortably full after seven trips through the buffet, the management scientist gambled away most of his vacation
money at the onboard casino. The excursions would be a necessity, but now it became less important to maximize the joy of the excursions and more vital to get off the boat as cheaply as possible while still staying busy at the three ports of call. What is an appropriate model for this modified cruise vacation?
Which of the following statements about time-series forecasting is true?
A) It is always based on the assumption that future demand will be the same as past demand. B) It makes extensive use of the data collected in the qualitative approach. C) It is based on the assumption that the analysis of past demand helps predict future demand. D) Because it accounts for trends, cycles, and seasonal patterns, it is always more powerful than associative forecasting. E) All of the above are true.
When using the order point system, which of the following is true?
A) The order point depends upon the demand during the lead time plus safety stock. B) Order quantities are usually fixed. C) Time intervals between orders are constant. D) A and B are true. E) B and C are true.