A nonvalue-adding activity is defined as a(n)
a. administrative or support activity that adds overhead cost to the product and increases its market value.
b. activity that adds cost to a product but does not increase its market value.
c. activity that adds no cost to the product but increases its market value.
d. wasteful but unavoidable production activity.
B
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What will be an ideal response?
Travis County Bank agrees to lend Brickyard Corporation $200,000 on January 1. Brickyard signs a $200,000, 4%, 9-month note. Interest is due at maturity on September 30. The company's fiscal year ends June 30 and adjusting entries are recorded at that time only.What journal entry will Brickyard make when paying the note at maturity?
A. Debit Cash and credit Notes Payable for $206,000. B. Debit Notes Payable and credit Cash for $206,000. C. Debit Cash and credit Notes Payable for $200,000. D. Debit Notes Payable and credit Cash for $200,000.
Organizations that adopt the marketing concept should be concerned about marketing ethics as well as broader issues of social responsibility.
Answer the following statement true (T) or false (F)
Examine the securities below and identify the security with the highest liquidity premium, the highest default
risk premium, and the highest maturity premium. a. 30-year U.S. Government Treasury bond maturing in 2025 b. 25-year Bbb-rated corporate bond maturing in 2030, actively traded on the New York Exchange c. 10-year Aaa-rated corporate bond maturing in 2020, thinly traded on a regional exchange d. 3-month U.S. Treasury bill