A project consists of four consecutive tasks that have average duration and worst-case duration estimates (in days) as shown in the table. Use Goldratt's model to determine the aggregated buffer for this project
Activity Average Worst-Case
A 10 20
B 15 25
C 20 30
D 25 35
A) 20 days
B) 10 days
C) 15 days
D) 5 days
A
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The profit-and-loss-sharing ratio among Simonsen, Paulson, and Richardson is 1:3:2, in the order given. Paulson is retiring from the partnership on December 31, 2017. Paulson is paid $230,000 cash in full compensation for her capital account balance. Which of the following is TRUE of the journal entry prepared at the time of retirement? (Round the final answer to the nearest dollar.)
Simonsen, Paulson, and Richardson are partners in a firm with the following capital account
balances:
A) Debit Paulson's capital account by $230,000.
B) Debit Richardson's capital account by $35,000.
C) Debit Simonsen's capital account by $23,333.
D) Debit Income Summary by $70,000.
Identify a true statement about the stakeholder theory.
A. It holds that a firm's financial goals must be balanced against, and perhaps even overridden by, environmental considerations. B. It suggests that the long-term financial well-being of every firm is directly tied to questions of how the firm both affects and is affected by the natural environment. C. It suggests that firms should fully integrate economic and social goals by bringing social responsibilities into the core of their business model. D. It argues that the narrow economic model fails both as an accurate descriptive and as a reasonable normative account of business management.
In using the total cost concept of applying the cost-plus approach to product pricing, what is included in the markup?
A) Total selling and administrative expenses plus desired profit B) Total fixed manufacturing costs, total fixed selling and administrative expenses, and desired profit C) Total costs plus desired profit D) Desired profit
Reliability, in the context of a service industry, refers to ______.
a. promptness b. price c. packaging d. compliance