Which of the following statements is TRUE regarding the 2011 T hoku earthquake and tsunami?
A) It devastated eastern sections of Japan.
B) Some manufacturers around the globe had been relying exclusively on suppliers located in the affected zones.
C) Japanese-built vehicle outputs for Toyota and Honda were down more than 60% in the month following the disaster.
D) Manufacturers in several industries worldwide took 6 months or longer before they saw their supply chains working normally again.
E) All of the above are true.
E
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Assume the direct method is used to compute net cash flows from operating activities. For this item extracted from the financial statements-Decrease in Accounts Payable-indicate the effect on cash payments for purchases by choosing one of the following:
A) Add to Cost of Goods Sold to compute cash payments for purchases. B) Subtract from Cost of Goods Sold to compute cash payments for purchases. C) Not used to adjust Cost of Goods Sold to compute cash payments for purchases.
Advertisements can achieve selectivity in attracting applicants.
Answer the following statement true (T) or false (F)
On December 1, Victoria Company signed a 90-day, 7% note payable, with a face value of $6000. What amount of interest expense is accrued at December 31 on the note? (Use 360 days a year.)
A. $105 B. $35 C. $420 D. $70 E. $0
Efficiency is described as "doing things right."
Answer the following statement true (T) or false (F)