How does technology affect customer value?
What will be an ideal response?
Technological forces affect customer value in two ways. First, customer value is increased because the cost of technology is plummeting. Second, technology provides value through the development of new products. Finally, technology can also change existing products and the ways they are produced, sometimes recycling products through the manufacturing cycle several times.
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If the direct method is used to prepare the Operating Activities category of the statement of cash flows, the amount of cash paid to suppliers of inventory is shown as an addition in this section of the statement
a. True b. False Indicate whether the statement is true or false
Discuss the key features of cloud computing
Foxworth Company sold plant assets that had accumulated depreciation of $20,000. These assets cost Foxworth $70,000 when purchased 4 years ago. The sale of the assets resulted in a gain for Foxworth of $2,000. The amount of cash reported for this transaction on Foxworth's statement of cash flows is a:
A) $70,000 outflow. B) $52,000 inflow. C) $72,000 inflow. D) $2,000 inflow.
Inventory management programs can be facilitated through the use of _____
a. item analysis b. electronic article surveillance c. computerized checkouts d. electronic signature capture