The first principle of supply chain management is to segment customers based on profit

Indicate whether the statement is true or false


False

Business

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A qualified real estate professional is allowed to treat income or loss from any real estate venture as active except for income or loss from a rental activity.

Answer the following statement true (T) or false (F)

Business

On January 1, 2014, the Accounts Receivable and the Allowance for Uncollectible Accounts for Darius Company carried balances of $20,000 and $550 respectively. During the year, the company reported $70,000 of credit sales. There were $400 of receivables written off as uncollectible in 2014 . Cash collections of receivables amounted to $74,700 . The company estimates that it will be unable to

collect 5% of the year-end accounts receivable balance. The amount of bad debts expense recognized in the 2014 income statement will be: a. $545 b. $595 c. $745 d. $795

Business

The legal term for a promise in a contract is "provision."

a. True b. False Indicate whether the statement is true or false

Business

If the right-hand-side value of a binding constraint is increased by one unit, then the objective function will change in an amount equal to the value of the reduced cost

a. True b. False

Business