The sequence of activities through which an organization provides products to its customers is called a supply chain.

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


False

The sequence of activities used to provide products is called a value chain (rather than the supply chain).

Business

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Martha died and by her will, specifically bequeathed, and the executor distributed, $20,000 cash and a $70,000 house to Harold. The distributions were made in a year in which the estate had $65,000 of DNI, all from taxable sources. The maximum Harold will be required to report as gross income as a result of these distributions is

A. $65,000. B. $20,000. C. $0. D. $70,000.

Business

The balance in the office supplies account on June 1 was $6,300, supplies purchased during June were $3,100, and the supplies on hand at June 30 were $2,500. The amount to be used for the appropriate adjusting entry is

A) $3,700 B) $11,900 C) $5,700 D) $6,900

Business

VanMannen Foundations, Inc. (VF)VanMannen Foundations, Inc. (VF) is a zero-growth company that currently has zero debt, and it has the data shown below.

EBIT =$80,000 Growth =0% Orig cost of equity, rs =10.0%  No. of shares =10,000 Price per share = $60.00Tax rate =25% ? Refer to the data for VanMannen Foundations, Inc. (VF).  Now assume that VF is considering changing from its original zero debt capital structure to a new capital structure with even more debt. This results in changes in the cost of debt and equity, and thus to a new WACC and a new value of operations. Assume VF raises the amount of new debt indicated below and uses the funds to purchase and hold T-bills until it makes the stock repurchase. What is the stock price per share immediately after issuing the debt but prior to the repurchase? Debt/Value =40% Value of new debt =$280,702 Equity/Value =60% New WACC =8.55% A. $66.67 B. $70.18 C. $73.68 D. $77.37 E. $81.24

Business

A member state obligates itself upon joining the IMF to observe a code of conduct

Indicate whether the statement is true or false

Business