ShoeZone is a shoe retailer with outlets across the country. The company is trying to reduce its inventory and warehousing costs, but needs to keep delivery speeds as short as possible. What can ShoeZone do to achieve this?
What will be an ideal response?
More stocking locations mean goods can be delivered to customers more quickly, but warehousing
and inventory costs are higher. To reduce these costs, ShoeZone might centralize its inventory in
one place and use fast transportation to fill orders.
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On January 1, 2017, Macie Company purchased Jefferson Company's 9% bonds with a face amount of $200,000 for $213,420 to yield 8%. The bonds mature on January 1, 2027, and Macie has both the intent and ability to hold these bonds to maturity. The bonds pay interest annually on December 31. Assuming Macie uses the effective interest method of amortizing the bond premium; interest income reported on
the income statement for the year ended December 31, 2017, would be A) $16,000. B) $17,074. C) $18,000. D) $18,926.
According to the text, the constant sum should be considered an ordinal scale
Indicate whether the statement is true or false
A company reported total equity of $167,000 at the beginning of the year. The company reported $232,000 in revenues and $176,000 in expenses for the year. Liabilities at the end of the year totaled $103,000. What are the total assets of the company at the end of the year?
A. $120,000. B. $103,000. C. $326,000. D. $232,000. E. $56,000.
In organizational culture, ______ represent the way people believe they ought to behave, and beliefs represent “if, then” statements like “If I do X, then Y will happen.”
A. values B. systems C. investments D. resources