How can a reduction of in-transit inventory be encouraged?
A) supplier location near plants
B) high setup costs
C) low carrying costs
D) use of trains, not trucks
E) low-cost, global suppliers
A
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On the statement of cash flows, the cash flows from operating activities section would include
a. receipts from the issuance of capital stock b. receipts from the sale of investments c. payments for the acquisition of investments d. cash receipts from sales activities
In 2016, Baloga Heating Company sold 400 water heaters for $350 each. The water heaters carry a 2-year warranty for repairs. Baloga estimates that repair costs will average 2% of the total selling price. How much is recorded in the warranty liability account as a result of selling the water heaters during 2016?
a. $4,200 b. $2,800 c. $1,400 d. No liability should be recorded until the water heaters are brought back for repairs.
Emotional intelligence ______.
a. focuses only on the self b. focuses only on others c. focuses on both self and others d. focuses on the interactions of managers and leaders
Anthony Calate writes a cheque on his bank account at the Royal Bank to Geri-Anne Ellis. Geri-Anne signs the back of the cheque "pay to Mark Tjan" and gives it to him
A) Geri-Anne Ellis is the Payee B) Mark Tjan is the holder in due course C) Mark Tjan is the drawee D) Both A and B E) All of the above