What is the optimal quantity of boxes for the professor to bring back home to sell to his friends?
A) 88
B) 74
C) 96
D) 82
Answer: C
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The cost of replacing defective parts is the biggest cost of poor quality.
Answer the following statement true (T) or false (F)
Which one of the following statements is not accurate about goodwill impairment valuations?
a. Goodwill arising from acquisitions can be netted into one test at the operating segment level, but not netted at the company level. b. Market valuation may be volatile. A temporary decline in market value may not be a good indicator of FMV. c. FMV might not exist, might require independent appraisals by investment bankers or estimates using cash flow and discounted present value factors. d. No assumptions are required about competition, economic development, product placement, and so forth.
The management of Schenk Corporation is investigating automating a process by replacing old equipment by a new machine. The old equipment would be sold for scrap now for $13,000. The new machine would cost $648,000, would have a 9 year useful life, and would have no salvage value. By automating the process, the company would save $186,000 per year in cash operating costs. (Ignore income taxes.)Required:Determine the simple rate of return on the investment to the nearest tenth of a percent.
What will be an ideal response?
On October 1, Black Company receives a 6% interest bearing note from Reese Company to settle a $20,000 account receivable. The note is due in six months. At December 31, Black should record interest revenue of
A) $0 B) $100 C) $300 D) $600