An optimal maintenance policy strikes a balance between the costs of breakdown and preventive maintenance so that the total cost of maintenance is at a minimum
Indicate whether the statement is true or false
TRUE
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While marketers should be secure in their own convictions and traditions, ________ are required to appreciate the integrity and value of other ways of life and points of view
A) standard of living and stage of economic development B) production process and standards of measurement C) open mind and absence of prejudice D) degree of nationalism and economic community membership E) fast food culture and slow food culture
When transferring investments between categories, unrealized holding gains for securities transferred from trading to available-for-sale
A) must be realized on the income statement. B) must be recognized on the income statement. C) must be realized and reported in comprehensive income. D) need no accounting since they have already been recognized in net income.
_____ are used as a shared resource, connecting hundreds of users to a variety of computers from desktops, laptops, and other servers.
A. Microcomputers B. Servers C. Workstations D. Personal digital assistants
Lakeland Corporation reported the following pretax (and taxable) information for 2016: Income from continuing operations $550,000 Loss on disposal of Segment B 45,000 Prior period adjustment-Depreciation was understated in 2015 15,000 Gain from operations of discontinued Segment B 35,000 Income tax rate 35% ? Required: a.Prepare the lower portion of Lakeland's 2016 income statement, beginning with pretax income for continuing operations. (Omit the heading.)b.Prepare Lakeland's 2016 statement of retained earnings, assuming that retained earnings at January 1, 2016, was $750,000 and the company paid $45,000 of dividends in 2016. (Omit the heading.)
What will be an ideal response?