A cellular phone manufacturer is more likely to use a process costing system rather than job order costing

Indicate whether the statement is true or false


TRUE

Business

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__________________________ are items which are readily convertible into a known amount of cash and have an original maturity to the investor of three months or less

Fill in the blank(s) with correct word

Business

________ strategies emphasize both new products and new markets to achieve growth.

A. Market development B. Cash cow C. Market penetration D. Product development E. Diversification

Business

A federal government agency is planning to build a dam in Maine. The land where the dam will

be located, and the area that will be under the lake to be formed, is currently all privately owned. Which of the following correctly describes the requirement for an environmental impact statement? A) An environmental impact statement is required unless the EPA grants a waiver. B) An environmental impact statement is required only if the land will become federal land before the dam is built. C) An environmental impact statement is required only if any of the land affected is classified as wetland. D) An environmental impact statement is not required because the land is private. E) An environmental impact statement is required because it is the federal government who is undertaking his project.

Business

Huntswell Corporation has two major divisions

Agricultural Products and Industrial Products. It provides the following information for the year. Agriculture Division Industrial Division Net sales $140,000 $1,250,000 Operating income $17,600 $218,000 Average assets $340,000 $5,500,000 Calculate the profit margin for the Industrial Division of the company. (Round your answer to two decimal places.) A) 3.96% B) 5.18% C) 17.44% D) 12.57%

Business