Nuthatch Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business are $260,000, $350,000, and $400,000, respectively, for September, October, and November. The company expects to sell 30% of its merchandise for cash. Of sales on account, 80% are expected to be collected in the month of the sale, 20% in the month following the sale,

and the remainder in the following month. The cash collections in November from accounts receivable are:
A) $294,000
B) $336,000
C) $295,200
D) $273,000


D

Business

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Answer the following statement(s) true (T) or false (F)

1. A laissez-faire leader can be defined as a leader who empowers followers to make decisions while using contingent rewards to reward goal accomplishment. 2. Although early researchers regarded transactional and transformational leadership as two separate styles of leadership, more recent scholars believe that transactional leadership forms the basis for transformational leadership. 3. Goal commitment is not related to expectations for rewards because intrinsic motivation is the primary driver of goal commitment. 4. eople high on Neuroticism set higher goals for themselves because their obsessive-compulsive nature makes them focus on completing the task.

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Harwood Company's quality cost report is to be based on the following data:    Depreciation of test equipment$94,000Quality circles$54,000Product recalls$20,000Test and inspection of incoming materials$82,000Debugging software errors$11,000Rework labor and overhead$48,000Technical support provided to suppliers$12,000Net cost of scrap$29,000Lost sales due to poor quality$74,000? Required:?Prepare a Quality Cost Report in good form with separate sections for prevention costs, appraisal costs, internal failure costs, and external failure costs.

What will be an ideal response?

Business

The PSDN technology that is growing rapidly today is ________

A) Frame Relay B) Carrier Ethernet C) the Internet D) No PSDN technology is growing rapidly today.

Business

Why do young children not meet the textbook author’s definition of stakeholder?

a. They are not of legal age. b. They do not have capacity to affect the firm’s operations. c. They are not interested in stakeholder issues. d. They are not consumers.

Business