Periodic review models are characterized by?
a. Fixed time intervals
b. Fixed order quantities
c. Both fixed time intervals and order quantities
d. Neither fixed time intervals nor order quantities
a. Fixed time intervals
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Balance sheet and income statement data indicate the following: Bonds payable, 6% (this is year 4 of 20 years) Preferred 8% stock, $100 par(no change during the year) $1,200,000 200,000 Common stock, $50 par (no change during the year) 1,000,000 Income before income tax for year 340,000 Income tax for year 80,000 Common dividends paid 60,000 Preferred dividends paid 16,000 Based on the data
presented above, what is the number of times bond interest charges were earned (round to twodecimal places)? a. 5.72 b. 6.83 c. 4.72 d. 4.83
________ is defined as the process by which managers ensure that resources are used effectively and efficiently in the accomplishment of organizational objectives
A) Review B) Monitor C) Control D) Accommodation
The best way to fully utilize team resources is the ________ approach to group decision making.
a. democratic b. consultative c. consensus d. normative
Which of the following statements is true about relevant cash flows?
A. Day-to-day operating cash flows of a firm are relevant cash flows. B. Inflation during the project's lifetime is a relevant cash flow. C. The tax-deduction received for the depreciation expenses is not a relevant cash flow. D. Sunk costs of an engineering study to determine the feasibility of a project are relevant cash flows. E. Advertising cost of a project that the firm already owns is a relevant cash flow.