A for-profit firm delivers ________ in exchange for money from consumers
A) demand
B) value
C) perceived need
D) perceived want
E) need
B
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On December 31 . 2014, Ohio Corporation appropriately changed its inventory valuation method to FIFO cost from LIFO cost for both financial statement and income tax purposes. The change will result in a $140,000 increase in the beginning inventory at January 1 . 2014 . Assume a 30 percent income tax rate. The cumulative effect of this accounting change Ohio for the year ended December 31 . 2014,
is a. $0. b. $42,000. c. $98,000. d. $140,000.
The ______ approach to consulting essentially gives the consultant responsibilty over virtually every aspect of the problem and the solution, and the client relinquishes both accountability and responsibility of the problem.
a. expert b. doctor-patient c. mechanic d. organization development
Bob owns a life estate in a ranch in Idaho. This means that:
A) Bob, or his immediate family, can live on the ranch so long as at least one of them is sill living. B) Bob must live on the ranch for the rest of his life. C) He can live on the ranch as long as he lives, or he can sell this right to someone else. D) He can live on the ranch as long as he lives, but if he moves off the ranch, he loses it.
Heidi favors using a two period moving average but Tim is "an exponential-smoothing man." Tim's demand forecast for May was identical to Heidi's
What value of alpha would Tim need to use in order for his June forecast to be identical to Heidi's if each sticks with their preferred technique? Month Demand January 154 February 148 March 214 April 180 May 225 June 246 A) .085 B) .196 C) .237 D) .348