Neptune Ltd. has the following information available for 2011 and 2012: 2011 2012 Current assets $120,000 $ 240,000 Long-term assets 60,000 120,000 Total assets $180,000 $360,000 Converting the 2012 column into a common-size statement would show current assets as being:
A) 60 percent higher than 2011 current assets.
B) 67 percent of 2012 total assets.
C) 71 percent of 2011 total assets.
D) 50 percent higher than 2012 long-term assets.
B
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Steven & Meyer Inc is an women's cosmetics manufacturing firm based in California. The firm sells its cosmetic products under the brand name GentleCare
After extensive market research, the firm launches a new line of household care products under the brand name White Oleander. The firm aims to increase the likelihood that its overall performance will be consistent because adverse conditions in one product-market will be offset by favorable conditions in the other. In this example, Steven & Meyer Inc is using which of the following strategies? A) a vertical integration strategy B) a harvest strategy C) a monetize position strategy D) a diversification strategy E) a horizontal integration strategy
Capitalization of interest results in interest being added to a fixed asset instead of expensed
Indicate whether the statement is true or false
Engineering design is an activity vital to the success of any motor vehicle manufacturer. Identify the level at which engineering design would be classified in the cost hierarchy used with ABC for a maker of a line of automobiles sold throughout the world
a. Batch-level activity b. Product-level activity c. Facility-level activity d. Unit-level activity
A strong motivator that encourages ethical behavior in business is the desire to ________
A) convince someone to change a belief or to perform an action B) make more money C) maintain one's reputation and credibility D) prompt expensive litigation