When sales goals are stated in terms of profit, they usually call for an increase in the proportion of the firm's sales relative to the total number of products sold by all businesses in that industry. 

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


False

Business

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Jupiter Steel is the chief provider of metals to Greystone Motors. Greystone Motors has two models of cars — one for commercial and regular consumers and another for professional car racing teams

Greystone Motors has designated dealers to sell its commercial cars to consumers, while racing cars are sold directly to the racing teams. In such a distribution channel, which of the following would be considered a horizontal conflict? A) a conflict between Jupiter Steel and Greystone Motors B) a conflict between Jupiter Steel and Greystone dealers C) a conflict between two Greystone Motors car dealerships D) a conflict between a Greystone Motors car dealership and a racing team E) a conflict between Greystone Motors and its car dealerships

Business

_____ are creditors' claims for funds, usually because they have provided funds, or goods and services, to the firm

a. Revenues b. Expenses c. Liabilities d. Assets e. Shareholder Equity

Business

During 2017, the Garfield Humane Society, a voluntary health and welfare entity, received cash donations of $892,000 and membership dues of $62,000. A member of the Humane Society donated services valued at $8,000 that would otherwise have been performed by a paid staff member. A pet food manufacturer donated dog food valued at $16,400. The Humane Society received a gift of $140,000, to be used in building a new animal shelter. Also during 2017, investments held by the Humane Society earned interest of $2,000.Required:Prepare a schedule showing the amount that the Garfield Humane Society should have recorded for contributions from public support for 2017.

What will be an ideal response?

Business

The width of a bronze bar is intended to be one-eighth of an inch (0.125 inches). Inspection samples contain five bars each. The average range of these samples is 0.01 inches

What are the upper and lower control limits for the x-bar and R-chart for this process, using 3-sigma limits?

Business