Assume that the $2,000, 90-day, 8 percent note was received on August 31 and that the fiscal year ended on September 30. The adjusting entry that would be made to record the interest receivable is (amounts rounded to nearest dollar):
A) Interest Receivable 13 Interest Income 13
B) Notes Receivable 13 Interest Income 13
C) Accounts Receivable 39 Cash 39
D) Interest Income 39 Accounts Receivable 39
A
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Research and development costs should be presented as intangible assets
a. True b. False Indicate whether the statement is true or false
Consistency of a product mix refers to the ________
A) number of versions offered for each product in the line B) ways in which the various product lines are related C) number of different product lines the company carries D) total number of items a company carries within its product lines E) total market share captured by the entire product line
Which of the following statements is true with regard to technology management and service support functions?
a. Technology management and service support functions refer to management issues outside the firm b. With technology management, we are continuously looking for ways to improve the design of facilities and engineer our processes to make our production more efficient. c. Interfaces with respect to technology management are more challenging than those of interfaces with first-tier suppliers. d. Interfaces with respect to first-tier suppliers are more challenging than those of interfaces with second-tier suppliers.
The local fast food store experienced the following number of customers on the night shift:
Hour----------------Customers 12 AM 23 1 AM 20 2 AM 15 3 AM 5 4 AM 2 5 AM 1 If the store was staffed by two workers, what was the average productivity per worker, in customers/hour?