Sequencing jobs does not affect tardiness, because processing times are unchanged with different sequences
Indicate whether the statement is true or false
FALSE
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On April 1 of the current year, a company traded an old machine that originally cost $32,000 and that had accumulated depreciation of $24,000 for a similar new machine that had a cash price of $40,000.1. Prepare the entry to record the exchange under the assumption that a $5,000 trade-in allowance was received and the balance of $35,000 was paid in cash. Assume the exchange transaction had commercial substance.2. Prepare the entry to record the exchange under the assumption that instead of a $5,000 trade-in allowance, a $12,500 trade-in allowance was received and the balance of $27,500 was paid in cash. Assume the exchange transaction has commercial substance.
What will be an ideal response?
Since ________ is typically regulated by the state or federal government, marketing plays a relatively small role in this setting.
A. pure competition B. an oligopoly C. a megopoly D. a pure monopoly E. monopolistic competition
Which of the following statements is true?
A) Manufacturing is responsible for meeting at least the minimum specifications of the product. B) The basic quality level of a product is specified by senior management. C) The product designer builds the quality level into the product by design and specification. D) All of the above are true. E) A and B are true.
Which of the following is true of leverage?
A) It refers to the effects that operating and financial fixed costs have on the returns that shareholders earn. B) It is associated with risks which are out of the control of managers. C) It includes the effect of operating fixed costs on the returns of shareholders and not the financial fixed costs. D) It is used to evaluate the profitability associated with various levels of sales.