A company received a $15,000, 90-day, 10% note receivable. The journal entry to record receipt of the note includes a debit to Notes Receivable.
Answer the following statement true (T) or false (F)
True
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Francetti Co purchased $6,000 of napkins for its business. One-fourth of the bill is unpaid. Upon review of the napkins still on hand, 20% were still available. What combination of amounts would affect the income statement and statement of cash flows? Statement of Cash Flow Income Statement
a. ($6,000) ($6,000) b. ($4,500) ($6,000) c. ($4,500) ($4,800) d. ($6,000) ($4,800)
A(n) _____ relies on artificial intelligence techniques to support knowledge-intensive decision-making processes.
Fill in the blank(s) with the appropriate word(s).
Which of the following statements about service departments and their costs is not true?
a. Service departments rarely provide services to other service departments. b. Some service departments may be able to precisely measure the services it provides to other departments. c. Service department costs should be included in total product costs. d. Allocation of service department costs should be made on an equitable basis.
A small manufacturer is considering several locations for a new facility. They have identified four factors that they consider to be important for their location decision
They have decided to assign scores to the four factors, with a higher score indicating a more favorable location. Use the information in the following table to perform a factor rating to select the best location. Weight Location A Location B Location C Wages 40 30 75 90 Labor Climate 30 40 70 40 Taxes 15 80 40 90 Utilities 15 75 60 10