EOQ should be used if you follow a make-to-stock strategy and the item has relatively stable demand

Indicate whether the statement is true or false


TRUE

Business

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The days' payable shows how long, on average, a company takes to pay its accounts payable

Indicate whether the statement is true or false

Business

Which of the following is a characteristic of a backend network?

A. high data rate B. distributed access C. limited distance D. all of the above

Business

If Movin On Up engaged in the practice of backdating, which of the following is the most likely exercise price for Billy's options?

Billy, the CEO of Movin On Up Company, was granted stock options with an exercise price of $55.00 per share. The following are the week-ending stock prices that occurred during the quarter: Date Stock Price 7-Sep-05 56.82 13-Sep-05 57.24 20-Sep-05 60.51 27-Sep-05 57.23 4-Oct-05 60.14 11-Oct-05 60.42 18-Oct-05 61.5 25-Oct-05 59.84 1-Nov-05 60.02 8-Nov-05 60.14 15-Nov-05 61.52 22-Nov-05 61.67 29-Nov-05 63.94 6-Dec-05 62.39 13-Dec-05 62.04 20-Dec-05 64 27-Dec-05 65.52 A) $65.52 B) $67.50 C) $65.00 D) $56.82

Business

A corporation is considering expanding operations to meet growing demand. With the capital expansion, the current accounts are expected to change. Management expects cash to increase by $20,000, accounts receivable by $40,000, and inventories by $60,000. At the same time accounts payable will increase by $50,000, accruals by $10,000, and long-term debt by $100,000. The change in net working capital is ________.

A) an increase of $120,000 B) a decrease of $60,000 C) a decrease of $120,000 D) an increase of $60,000

Business