Goal programming violates the divisibility property of linear programming
Indicate whether this statement is true or false.
Answer: FALSE
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Creighton Corp, a textile manufacturer, reported net income of $258,000 in 2012 . During 2012 Creighton reported a gain of $29,800 from the sale of three used delivery trucks. The gain was included as part of income from continuing operations. Assuming
that the gain is a one-time event and that Creighton has an effective tax rate of 35% calculate Creighton's adjusted net income. Show all of your calculations for credit. In addition, discuss why analysts might make an adjustment of this type.
The direct method of preparing the statement of cash flows
A) results in more cash from operating activities, but less cash from investing activities, and the same total cash flow as the indirect method. B) converts each item on the income statement to its cash equivalent. C) reports interest and dividends received in the investing activities section. D) All of these choices.
What is inventory cycle time?
A. The frequency of inventory replacement. B. An unfilled customer order for a product that is out of stock. C. The time it takes to manufacture a product and deliver it to the retailer. D. The agreed upon time between the purchase of a product and the delivery of the product.
______ leadership is based on the human motive to bond with others and contribute to the betterment of society
A. Authentic B. Ethical C. Servant D. Ethical