In the formula for the expected duration of an activity, ______.
A. b represents the historical time to complete the activity
B. m represents the most pessimistic time to complete the activity
C. a represents the most optimistic time to complete the activity
D. a represents the most pessimistic time to complete the activity
C. a represents the most optimistic time to complete the activity
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A retail salesperson at a department store cosmetics counter gets five dollars every time he sells a bottle of a certain brand of cologne. Explain the type of trade promotion that is being used in this instance
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Ronald, Inc
had the following balances and transactions during 2017: Beginning Merchandise Inventory 15 units at $90 March 10 Sold 13 units June 10 Purchased 30 units at $87 October 30 Sold 25 units What is the amount of the company's Merchandise Inventory, as disclosed in the December 31, 2017 balance sheet, using the periodic weighted-average inventory costing method? (Round the unit costs to two decimal places and total costs to the nearest dollar.) A) $104 B) $87 C) $373 D) $616
When a parent and its subsidiary use a periodic inventory system rather than a perpetual system, the income and asset balances reported in the consolidated financial statements are:I. affected only if there are upstream intercompany sales of inventory. II. affected only if there are downstream intercompany sales of inventory.
A. Neither I nor II B. II C. Both I and II D. I
The Casket Division of Saal Corporation had average operating assets of $1,100,000 and net operating income of $285,200 in January. The company uses residual income to evaluate the performance of its divisions, with a minimum required rate of return of 19%.Required:What was the Casket Division's residual income in January?Residual income?
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