The just-in-time management system results in an increase in the costs to buy, store, insure, and move inventory

Indicate whether the statement is true or false


FALSE

Business

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According to a global survey by Edelman, how many people recommend a trusted business to a friend or colleague?

A. 92% B. 79% C. 59% D. 30%

Business

The tort of negligence can be referred to as:

A) an unintentional tort. B) an intentional tort. C) a strict liability tort. D) an intentional liability tort.

Business

Bullen Inc. acquired 100% of the voting common stock of Vicker Inc. on January 1, 2018. The book value and fair value of Vicker's accounts on that date (prior to creating the combination) are as follows, along with the book value of Bullen's accounts: BullenBook ValueVickerBook ValueVickerFair ValueRetained earnings, 1/1/20$250,000$240,000  Cash and receivables 170,000 70,000$70,000Inventory 230,000 170,000 210,000Land 280,000 220,000 240,000Buildings (net) 480,000 240,000 270,000Equipment (net) 120,000 90,000 90,000Liabilities 650,000 430,000 420,000Common stock 360,000 80,000  Additional paid-in capital 20,000 40,000  ?Assume that Bullen issued preferred stock with a par value of $240,000 and a fair value of $500,000 for all of the outstanding shares of

Vicker in an acquisition business combination. What will be the balance in the consolidated Inventory and Land accounts? A. $440,000, $496,000. B. $425,000, $505,000. C. $400,000, $500,000. D. $440,000, $520,000. E. $427,000, $510,000.

Business

You are considering prepaying an installment loan you took out several months ago. The lender has provided you with the following information

remaining months to pay 10 loan payoff $851.29 monthly payments $95.00 balance due in last month of the loan $95.00 remaining interest on the loan $98.71 You believe you can earn an annual after-tax rate of rate of 16% on your investments in each of the next ten months (1.33% a month). Given the above information, you should A) prepay the loan; your net gain will be about $35.62. B) not prepay the loan; your net gain will be about $35.62. C) prepay the loan; your net gain will be about $14.80. D) not prepay the loan; your net gain will be about $14.80.

Business