Which of the following is a characteristic of a current liability?
A) It creates a present obligation for future payment of cash or services.
B) It cannot be settled with services.
C) It is an avoidable obligation.
D) It occurs because of a future transaction or event.
A
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What is their annual ordering cost if they order at their EOQ level?
Kushie's Coffee in Bangalore is a quaint establishment nestled near MG Road in the central business district. It serves coffee and fruit cake to a clientele that has been enjoying these products for over fifty years. The demand for coffee beans is 6600 cases per year (each case has 24 ten-pound bags). It would be disastrous for them to run out of coffee, so they keep a safety stock of 30 cases. The cases cost $4800 and it costs $5 per case to order coffee. As coffee is a perishable product, the holding cost is fairly high at $40/case/year. The lead time to receive an order is seven days. Kushie's is open 300 days a year. A) 101.6 B) 203.1 C) 406.2 D) 812.4
Tariff imposed on imports must be paid before the goods officially enter the country
a. True b. False Indicate whether the statement is true or false
Repurchases and special dividends are useful for making ________ and ________ distributions to shareholders
A) small, frequent B) small, infrequent C) large, infrequent D) large, frequent
In the final and most advanced stage of supply management strategy development, supply management has assumed a tactical orientation with reporting directly to lower-level management and a simple internal, rather than a strong external, customer focus
a. True b. False Indicate whether the statement is true or false