A factory that relies on highly technical machinery may choose to reduce its overall leverage position by
A) selling its machinery.
B) increasing its accounts receivable.
C) utilizing a higher level of equity.
D) decreasing their variable costs per unit.
C) utilizing a higher level of equity.
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Another name for lower-middle income countries is industrializing countries
Indicate whether the statement is true or false
What is a "trigger" and why is it important when planning contingencies?
Fill in the blank(s) with the appropriate word(s).
Employees earn vacation pay at the rate of one day per month. During the month of June, 10 employees qualify for one vacation day each. Their average daily wage is $150 per day. Which of the following is the necessary adjusting journal entry to record the June vacation benefits?
A. Debit Prepaid Vacation Benefits $1,500; credit Vacation Benefits Payable $1,500. B. Debit Vacation Benefits Expense $1,500; credit Vacation Benefits Payable $1,500. C. Debit Vacation Benefits Expense $1,500; credit Prepaid Vacation Benefits $1,500. D. Debit Payroll Tax Expense $1,500; credit Payroll Taxes Payable $1,500. E. Debit Vacation Benefits Payable; credit Vacation Benefits Expense $1,500.
A JIT system shifts greater responsibility for physical distribution activities forward in the channel.
Answer the following statement true (T) or false (F)