Bar codes are read by computerized optical scanners that match codes with brand names, package sizes, and prices
Indicate whether the statement is true or false
a. True
b. False
ANSWER: True
Universal product codes are often called as bar codes because the thin numerical codes appear as a series of thick and thin vertical lines. The lines are read by computerized optical scanners that match codes with brand names, package sizes, and prices.
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What is true of child care benefits?
A. Child care benefits must include death benefits for it to be considered as a qualified plan. B. Companies that provide child care facilities face liability concerns. C. Child care benefits should be limited to provision of leaves to employees. D. Provision of child care is mandatory under the Family and Medical Leave Act. E. At the highest level of involvement, organizations provide vouchers or discounts for employees to use at existing child care facilities.
One way analysts measure the ability of a company to meet its obligations is to calculate the times interest earned ratio for any outstanding debt the company may have. For Tempo Solutions Corporation, $10,000 of bonds paying 6.5% annually is outstanding. Income before interest and taxes is $7,000 . How would Tempo Solutions Corporation calculate the times interest earned ratio?
a. Income before interest and taxes divided by the interest expense. b. Income before interest and taxes divided by carrying value of the bonds outstanding. c. Income before interest and taxes divided by the face rate on bonds. d. Face amount of bonds divided by income before interest and taxes.
Explain evidence-based decision making. Name at least four of the seven implementation principles identified by Pfeffer and Sutton to help companies that are committed to evidence-based management.
What will be an ideal response?
Warner Corporation is considering the acquisition of a new machine that costs $350,000. The machine is expected to have a four-year service life and will produce annual savings in cash operating costs of $100,000. Warner uses the optional straight-line method of depreciation and depreciates the asset over its four-year service life. The company is subject to a 30% income tax rate, has an after-tax hurdle rate of 12%, and rounds calculations to the nearest dollar.YearFV of $1 at 12%FV of an ordinary annuity at 12% PV of $1 at 12%PV of an ordinary annuity at 12% 11.1201.0000.8930.89321.2542.1200.7971.69031.4053.3740.7122.40241.5744.7790.6363.03751.7626.3530.5673.60561.9748.1150.5074.111Required:A. Determine the annual after-tax cash flows that result from acquisition of the machine.B.
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