In Microsoft Project a Tracking Gantt chart is useful to keep track of the resources on a project
a. True
b. False
Indicate whether the statement is true or false
False
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Portland Sound Cafe began business on January 1, 2015 . The corporate charter authorized issuance of 1,000 shares of no-par value common stock, of which 200 shares were issued, and 4,000 shares of $8 par value, 6% cumulative preferred stock, of which none were issued. Portland Sound sold 400 shares of common stock at $8 per share on May 1 . The entry to record the issuance of the shares on May 1
will: a. Increase Cash, $1,000? Increase Additional Paidin Capital—Common, $320? Increase Common Stock, $680 b. Increase Cash, $3,200? Increase Additional Paidin Capital—Common, $2,800? Increase Common Stock, $400 c. Increase Cash, $4,800; Increase Common Stock, $4,800 d. Increase Cash, $3,200; Increase Common Stock, $3,200
You deposit in a fund 10 annual payments of $2,500 each beginning January 1, 2016, with the last deposit being made on January 1, 2025. How much will be in the fund on December 31, 2025, one year after the final payment, if the fund earns interest at 4% compounded annually?
A) ?$21,088 B) ?$28,957 C) ?$30,015 D) ?$31,216
Taking a physical inventory is not necessary under a perpetual inventory system
Indicate whether the statement is true or false
In most manufacturing industries, which of the following would likely represent the largest cost to the firm?
A) transportation B) purchasing C) insurance D) financing E) advertising