Which of the following is true of the center-of-gravity method used to evaluate a location?
a. It is a qualitative technique.
b. It assumes that distribution costs are a linear function of only the distance and the quantity shipped.
c. It makes use of satellite and geographic positioning systems.
d. It ignores distribution costs.
b. It assumes that distribution costs are a linear function of only the distance and the quantity shipped.
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You have been asked to prepare a product-line analysis for your company's stable of products. Why is it important for product-line mangers to do a product-line analysis?
What will be an ideal response?
Which of the following is not a substantive test of details for dividends?
a. Calculation of the dividend payout ratio. b. Examination of the minutes of the board of directors meetings for authorization of the dividend per share amount. c. Examination of the minutes of the board of directors meetings for the dividend record date. d. Agreement of the dividend amount with the payment in the cash disbursements journal.
Prior to June 30, a company has never had any treasury stock transactions. A company repurchased 100 shares of its $1 par common stock on June 30 for $40 per share. On July 20, it reissued 50 of these shares at $46 per share. On August 1, it reissued 20 of the shares at $38 per share. What is the journal entry necessary to record the reissuance of treasury stock on July 20?
A. Debit Cash $2,300; credit Paid-in Capital, Treasury Stock $300; credit Treasury Stock $2,000. B. Debit Common Stock $2,300; credit Treasury Stock $2,000; credit Paid-In Capital, Treasury Stock $300. C. Debit Common Stock $2,300; credit Cash $2,300. D. Debit Common Stock $20; debit Treasury Stock $2,290; credit Cash $2,300. E. Debit Cash $2,300; credit Treasury Stock $2,300.
Horizontal partitioning is implemented by placing some rows of a table at one site and other rows at another site
Indicate whether the statement is true or false