The product life-cycle concept from microeconomics and marketing provides useful insights into the relations among cash flows from operating, investing, and financing activities
Indicate whether the statement is true or false
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Which term refers to the adherence to a strict ethical and moral code?
A. humility B. integrity C. sincerity D. honesty E. courage
Prayer Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: MachiningCustomizingMachine-hours 19,000 13,000Direct labor-hours 1,000 8,000Total fixed manufacturing overhead cost$110,200$68,800Variable manufacturing overhead per machine-hour$2.00 Variable manufacturing overhead per direct labor-hour $3.60 The estimated total manufacturing overhead for the Machining Department is closest to:
A. $38,000 B. $148,200 C. $299,725 D. $110,200
Which of the following guidelines for writing a message extending credit is correct?
a. The writer should include the credit terms in the message. b. The writer should not include the payment date and penalty fee for late payment. c. The writer should omit any mention of sales promotion or resale. d. The writer should not state the basis for extending the credit.
_____ refers to the right to be left alone when one wants to be, to have control over one's own personal possessions, and not to be observed without one's consent.
Fill in the blank(s) with the appropriate word(s).