The Falisari Company collected the following information (in days):Inspecting product4Transporting product14Storing product20Manufacturing product65What is the manufacturing cycle efficiency?
A. 76.5%.
B. 82.2%.
C. 63.1%.
D. 100.0%.
Answer: C
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What will be an ideal response?
The appropriate section in the statement of cash flows for reporting the issuance of common stock for cash is:
A. Financing activities. B. Investing activities. C. This is not reported on the statement of cash flows. D. Operating activities. E. Schedule of noncash investing or financing activity.
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Answer the following statement true (T) or false (F)
Elliot Industries invests a portion of its profits each year into a benefit emergency health care account for its employees
For the last five years it has invested year-end amounts of $50,000, $43,000, $26,000, $61,000, and $84,000. If the last deposit ($84,000) was made today and the account earns an average of 7.3% per year, how much money is currently in the account, assuming there have been no withdrawals? What will be an ideal response?