The classic objective of a network design model has been
a. to establish the number, location, and size of finished goods distribution centers and associated product flows.
b. to find the best location for a forward facing warehouse.
c. to examine the finished goods flow from the warehouse to the customer.
d. to measure and control site locations.
a
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The formula for calculating the cash ratio is calculated is ________.
A. (Cash + Cash equivalents) / Total current liabilities B. (Cash equivalents) / Total current liabilities C. (Cash + Cash equivalents) / Total assets D. (Cash) / Total liabilities
Robo Corporation entered into noncancelable, long-term material contracts with suppliers for the purchase of raw materials beginning in the calendar Year 4 . These contracts amounted to $500,000 at December 31, Year 4, relating to raw materials with a market price of $575,000 . This amount was considered material for Robo. (CMA adapted, Dec 95 #17) Refer to the Robo Corporation example. Assume
the goods were received and the market price of the raw materials amounts to $450,000 . Robo Corporation's financial statements at December 31 . Year 4, for this transaction should a. not mention this commitment. b. reflect a liability of $500,000 . c. reflect a liability of $50,000. d. reflect a liability of $450,000. e. reflect a liability of $400,000.
Answer the following statements true (T) or false (F)
1. Creative accounting can be defined as the deviation from the traditional methods used to interpret an accounting rule or standard. 2. The fundamental flaw of a Ponzi scheme is that it never ends until the person committing the fraud is caught and disappears. 3. An audit is required to be conducted each fiscal quarter for companies that are publicly traded. 4. Auditors are considered gatekeepers for the stakeholders. 5. Escalation of commitment occurs when the individual is hesitant to reject a biased proposal from someone else.
Discuss the reasons companies make investments.
What will be an ideal response?