According to a study by McKinsey & Company, most executives worldwide agree that environmental, social, and business trends represent critical challenges for company strategy and performance.
Answer the following statement true (T) or false (F)
True
The consultants McKinsey & Company found that, worldwide, most executives agree that environmental, social, and business trends such as the growth in consumer preference for natural products, the increased value stakeholders place on social responsibility, and the trend to outsource activities of the business that support its key competitive strengths represent critical challenges for company strategy and performance.
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Tarkington Beers, Inc purchased the most popular and well-known pub in a college town. Its purchase price was $1,200,000 . The appraisers determined that the land should be valued at $400,000, the building at $500,000 and the equipment at $200,000 . Which of the following statements is correct?
a. Tarkington Beers, Inc. should record only the appraised value of the assets. b. Tarkington Beers, Inc. needs to adjust the value of the assets in proportion to their appraised value so that the total of the assets equals the purchase price. c. Tarkington Beers, Inc. paid too much for the business and needs to record a loss. d. Tarkington Beers, Inc. needs to record goodwill of $100,000.
The groups that lobby against fossil fuels ______.
A. support wind farms B. lobby against solar farms C. support nuclear warfare D. are watched by the FBI
A ____ system of production control is paced by product demand
a. EOQ b. ABC c. push d. pull
Hyper Color Company manufactures widgets. The following data is related to sales and production of the widgets for last year.
Selling price per unit $ 170 Variable manufacturing costs per unit $ 65 Variable selling and administrative expenses per unit $ 6 Fixed manufacturing overhead? (in total) $ 30,000 Fixed selling and administrative expenses? (in total) $ 9,000 Units produced during the year 1,900 Units sold during year 900 Using variable? costing, what is the operating income for last? year? A) $296,800 B) $182,000 C) $2,265,200 D) $50,100