The following balance sheet information is provided for Apex Company for Year 2:Assets Cash$5,400 Accounts receivable 15,500 Inventory 18,000 Prepaid expenses 1,600 Plant and equipment, net of depreciation 20,200 Land 19,950 Total assets$80,650 Liabilities and Stockholders' Equity Accounts payable$4,500 Salaries payable 11,500 Bonds payable (due in ten years) 19,000 Common stock, no par 30,000 Retained earnings 15,650 Total liabilities and stockholders' equity$80,650 What is the company's working capital?
A. $24,500
B. $22,900
C. $20,300
D. $4,900
Answer: A
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Which of the following is NOT an example of an economic event?
a. Ship goods b. Receive goods c. Get employee time d. Prepare cash disbursements voucher
Jack and Jill (Scenario)Jack Jones and Jill Smith are both managers at a medium-sized medical supply firm. Jack emphasizes to his people that the work must be done, regardless of circumstances, and encourages his employees to meet their sales quotas. He is generally liked, but because sales are unstructured, sometimes his employees resent his rather heavy-handed approach. Jill has tried hard to build a good rapport with her employees and knows each of their families. She encourages her employees to work hard, but to be certain to take time out for themselves and their families.Which of the following would be assumed by Fiedler's contingency model about the leadership styles of Jack and Jill?
A. Their leadership styles can be adjusted to fit the situation. B. Their leadership styles are fixed, regardless of the situation. C. Jill's leadership styles can be classified as selling. D. Jack's style is well suited for unstructured tasks.
Which of the following affects the order point?
a. daily usage. b. lead time . c. safety stock. d. all of the above.
When a retail location has appropriate retail balance, it is a saturated area
Indicate whether the statement is true or false