Credit provisions associated with sales contracts are not regulated by any federal agency.

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


False

Business

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On January 1, 2016, Lefty, Inc purchased a machine for $6,000. The estimated life and residual value were five years and $150, respectively. The machine will produce approximately 80,000 units over its life. In 2016 and 2017, the machine produced 10,000 and 15,000 units, respectively. In 2017, Lefty recorded $1,440 of depreciation expense. The depreciation method in use was the

A) activity method B) sum-of-the-years'-digits method C) double-declining-balance method D) straight-line method

Business

Five cross-cultural competencies for leaders include all of the following except ______.

A. being able to adapt to living and communicating in other cultures B. learning the perspectives, trends, and tastes of many cultures C. understanding business, political, and cultural environments worldwide D. teaching the importance of one's own culture to other cultures

Business

The United States follows the first-to-file rule

Indicate whether the statement is true or false

Business

The president of a consulting firm wants to minimize the total number of hours it will take to complete four projects for a new client

Accordingly, she has estimated the time it should take for each of her top consultants—Charlie, Gerald, Johnny, and Rick—to complete any of the four projects, as follows: Project Hours Consultant A B C D Charlie 13 16 11 18 Gerald 13 15 10 12 Johnny 15 11 20 15 Rick 17 17 12 22 (a) What is the total number of hours required by the following arbitrary assignment? Charlie?B; Gerald?A; Johnny?D; Rick?C (b) What is the optimal assignment of consultants to projects? (Use the assignment method.) (c) For the optimal schedule, what is the total number of hours it will take these consultants to complete these projects?

Business