A unit that is rejected at a quality control inspection point, but that can be reworked and sold, is referred to as a
a. spoiled unit.
b. scrap unit.
c. abnormal unit.
d. defective unit.
D
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Minor Company installs a machine in its factory at the beginning of the year at a cost of $135,000. The machine's useful life is estimated to be 5 years, or 300,000 units of product, with a $15,000 salvage value. During its first year, the machine produces 64,500 units of product. Determine the machines' first year depreciation under the straight-line method.
A. $27,000. B. $25,800. C. $23,779. D. $29,025. E. $24,000.
Participating preferred stock has a feature that allows its holders to share with common shareholders in any dividends paid in excess of the amount stated on the preferred stock.
Answer the following statement true (T) or false (F)
Which of the following statements is true?
A. Men earn more bachelor's degrees than women. B. More than 30% of the US Congress is made up of women. C. Women make up about 50% of people in managerial/professional positions. D. Women have as much work experience and job continuity as men.
Which of the following statements about blogs is most accurate?
A) Blogs are written by just one person. B) Blogs can invite spontaneous consumer feedback faster and more cheaply than traditional consumer research tools. C) Although wikis allow visitors to leave public comments, blogs do not. D) The commercial banking industry currently uses blogs the most.