Tangible stock-out costs include ______.

A. permanent loss of customers and future sales
B. failure to meet ISO requirements
C. potential for government audits
D. lost revenues


D. lost revenues

Business

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Favre Company reports depreciation expense of $51,000 for Year 2. Also, equipment costing $173,000 was sold for a $11,100 loss in Year 2. The following selected information is available for Favre Company from its comparative balance sheet. Compute the cash received from the sale of the equipment. At December 31Year 2Year 1Equipment$665,000? $838,000? Accumulated Depreciation-Equipment 472,000?  555,000? 

A. $39,000. B. $51,000. C. $50,100. D. $27,900. E. $71,900.

Business

Standard costs are developed by the cooperative effort of purchasing, production, human resources, and accounting personnel

Indicate whether the statement is true or false

Business

A special warranty deed limits the warranty given out by the grantor to acts or omissions of the grantor

Indicate whether the statement is true or false

Business

Mortgage lenders played a large role in starting the "Great Recession."

Indicate whether the statement is true or false

Business