Rent owed to the landlord is a balance sheet item for Generic Products Company. How would it most likely be classified on the balance sheet?
a. Current liability
b. Long-term liability
c. Current asset
d. Owners' equity
a
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______ is the idea that everyone in an organization must be accountable for their own actions.
A. compliance B. personal responsibility C. principles D. ethics
A work cell is required to make 140 computerized diagnostic assemblies (for installation into hybrid automobiles) each day. The cell currently works an eight hour shift, of which seven hours is available for productive work
These assemblies require five operations. Standard times for these operations are: Operation A, 3.0 minutes, B, 1.8 minutes, C, 2.4 minutes, D, 2.5 minutes, and E, 1.4 minutes. (a) What is takt time for this cell? (b) How many workers will be needed to achieve this schedule?
Consider the data on Inventory of Widgets Over a 10-Day Period. Any time that ending inventory falls to 15 or below, an order is placed for 20 units of the product. The lead time for delivery varies and is shown in the column under Lead Time. If the ordering costs are $15 per order, what are the total ordering costs during the 10-day period?
a. $115
b. $575
c. $45
d. $230
To be enforceable, which of the following contracts require a written document under the statute of frauds?
a. your promise to buy a car from a dealership for $30,000 cash b. your promise to write a software program next month for $11,000 c. your promise to buy a warehouse for $40,000 d. your promise to buy ten tons of coal for $2,000 e. none of the other choices