Static information includes data that change based on user actions.
Answer the following statement true (T) or false (F)
False
Dynamic information includes data that change based on user actions.
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The purpose of your résumé is to
A) show your creativity and problem-solving capabilities. B) focus on your skills, references, and education. C) help you network to identify open positions. D) get you an interview.
________ requires covered employers to give employees 60 written days' notice of plant closings or mass layoffs.
A. Fair Labor Standards Act B. Americans with Disabilities Act C. Vocational Rehabilitation Act D. Worker Adjustment and Retraining Notification Act E. Civil Rights Act
Which one of the following is a characteristic of a JIT partnership?
A) third-party logistics never used B) maximal product specifications imposed on supplier C) active pursuit of vertical integration D) removal of incoming inspection E) frequent deliveries in large lot quantities
Freiman Corporation's most recent balance sheet and income statement appear below:Balance SheetDecember 31, Year 2 and Year 1(in thousands of dollars) Year 2Year 1Assets Current assets: Cash$160 $120 Accounts receivable, net 220 240 Inventory 120 130 Prepaid expenses 40 40 Total current assets 540 530 Plant and equipment, net 700 700 Total assets$1,240 $1,230 Liabilities and Stockholders' Equity Current liabilities: Accounts payable$130 $150 Accrued liabilities 90 90 Notes payable, short term 60 70 Total current liabilities 280 310 Bonds payable 280 290 Total liabilities 560 600 Stockholders' equity: Common stock, $2 par value 100 100 Additional paid-in
capital 200 200 Retained earnings 380 330 Total stockholders' equity 680 630 Total liabilities & stockholders' equity$1,240 $1,230 Income StatementFor the Year Ended December 31, Year 2(in thousands of dollars)Sales (all on account)$1,310 Cost of goods sold 780 Gross margin 530 Selling and administrative expenses 359 Net operating income 171 Interest expense 35 Net income before taxes 136 Income taxes (30%) 41 Net income$95 The acid-test (quick) ratio at the end of Year 2 is closest to: A. 1.93 B. 1.36 C. 0.96 D. 1.50