Over-forecasting is likely to lead to which of the following?
a. Product in short supply
b. Reduced inventory carrying costs
c. Excessive hiring
d. Personnel work hours reduced
c. Excessive hiring
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Assume the U.S. has a competitive advantage in producing calculators, while the rest of the world has a competitive advantage in steel. Suppose the U.S. and the rest of the world enter into an agreement to lower import quotas below existing levels on calculators and steel. Which of the following would least likely occur for the U.S.? Rising levels of
a. consumer surplus for American buyers of steel. b. producer surplus for American steelmakers. c. production in the American calculator industry. d. producer surplus for American calculator producers.
Inflation risk means that an investment's return might be either higher or lower than the inflation rate
Indicate whether the statement is true or false.
Under the UCC, a(n) __________ is a practice or method of dealing regularly observed and followed in a place or vocation or trade
a. course of dealing b. usage of trade c. course of performance d. integrated document
A corporation reported the following equity section on its current balance sheet
The common stock is currently selling for $15.00 per share. Common Stock, $6 par, 106,000 shares authorized,57,000 shares issued and outstanding $342,000 Paid in Capital in Excess of Par 150,000 Retained Earnings 500,000 Total Stockholders' Equity $992,000 Which of the following would be included in the entry to record the distribution of a 15% stock dividend? A) Common Stock-$6 Par Value would be credited for $51,300. B) Stock Dividends would be debited for $95,400. C) Paid-In Capital in Excess of Par-Common is debited for $95,400. D) Stock Dividends would be credited for $51,300.