Retained earnings on the balance sheet provides a measure of the cumulative net assets generated by earnings in excess of dividends declared
Indicate whether the statement is true or false
T
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Retailers believe charging slotting fees forces manufacturers to eliminate poor product introductions, knowing that the majority of new products fail
Indicate whether the statement is true or false
Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $87,000. The machine's useful life is estimated to be 5 years, or 400,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 84,500 units of product. Determine the machines' second year depreciation under the straight-line method.
A. $20,880. B. $16,900. C. $16,000. D. $17,400. E. $18,379.
Which of the following is NOT a common reason for capital rationing?
A) The firm puts a limit on the amount of its investments. B) Creditors impose capital rationing on firms due to poor performance. C) Senior executives may be reluctant to issue additional debt, thus limiting capital expenditures. D) All of the above are reasons in impose capital rationing.
During eXtreme Programming:
A) system requirements are produced during the systems analysis phase. B) system specifications are created during the design phase. C) coding and testing are done at the beginning of the implementation phase. D) system requirements, system specifications, and coding and testing activities are combined into a single analysis-design-code-test process. E) none of the above are correct.