Lean thinking is best described as a(n)?
a. Way of life
b. Operating philosophy
c. Planning strategy
d. Supplier selection approach
b. Operating philosophy
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Companies file their quarterly reports with the SEC on Form 8K
Indicate whether the statement is true or false
Refer to the following selected financial information from Shakley's Incorporated. Compute the company's profit margin for Year 2. Year 2Year 1 Net sales $ 485,000 $ 427,550 Cost of goods sold 277,600? 251,420? Interest expense 11,000? 12,000? Net income before tax 68,550? 53,980? Net income after tax 47,350? 41,200? Total assets 319,700? 295,800? Total liabilities 174,900? 168,600? Total equity 144,800? 127,200?
A. 14.1%. B. 17.1%. C. 12.0%. D. 9.8%. E. 32.7%.
A limited partnership is different from a general partnership because:
a. a limited partnership can have only two people in active management b. there are limits to annual capital gains in limited partnership c. all partners in a limited partnership must actively participate in major managerial decisions d. a limited partnership may have only one general partner e. none of the other choices
An object provides services through its interface
Indicate whether the statement is true or false