Downstream costs are not relevant to a product elimination decision.
Answer the following statement true (T) or false (F)
False
Businesses incur upstream costs before-and downstream costs after-goods are manufactured. Any costs that can be avoided if the company eliminates the product line are relevant to that decision.
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Kolthida added up all her expenses for hiring six new logisticians, including advertising costs, relocation costs, and interview costs. She divided the total costs by six to get the ______.
A. new hire performance B. cost per hire C. time required to hire D. yield ratio
Assume a corporation has 3,000 shares of $4 par common stock outstanding. The corporation declares an 8% stock dividend. At the time of declaration, the market value of their stock was $6 . What is the appropriate journal entry?
a. Debit Stock Dividends $1,440, credit Stock Dividends Distributable $960 and credit Paid-in Capital in Excess of Par-Common Stock $480. b. Debit Stock Dividends $960, credit Stock Dividends Distributable $960 c. Debit Stock Dividends Distributable $960, debit Paid-in Capital in Excess of Par-Common Stock $480 and credit Stock Dividends $1,440. d. Debit Stock Dividends Distributable $960, credit Stock Dividends $960. e. Debit Stock Dividends $1,440, credit Stock Dividends Distributable $480 and credit Paid-in Capital in Excess of Par-Common Stock $960.
Niki owns O.K. Oil Corporation. Niki uses O.K.'s funds to pay her personal expenses, creates Pure Fuel Corporation to engage in the same business as O.K., transfers O.K.'s assets to Pure Fuel, and petitions O.K. into bankruptcy. This most likely warrants
A. a bonus to Niki for financial maneuvers. B. a discharge for O.K. in bankruptcy. C. a pierce of the corporate veil. D. a review of Pure Fuel's articles of incorporation.
As your individual business assets increase, the complexity of determining how to invest and
protect these assets normally decreases. Indicate whether the statement is true or false