Some wine importers insist on shipping their wines in refrigerated containers to protect the wines from being damaged by high temperatures. Such importers are creating which kind of utility?
A) place utility
B) time utility
C) form utility
D) information utility
E) worker utility
C
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Maywood Company recently signed a $350,000, six-month note on August 22, 2019. The interest rate is 7%. How much interest will be due at maturity?
A) $10,208 B) $24,500 C) $12,250 D) $8167
The situation where some team members might feel less responsibility to take actions or participate because of their realization that other team members will probably pick up the slack is called ______.
a. out-group non-participation b. groupthinking c. free-riding d. diffusion of responsibility
Those who speak out against the group decision but are pressured into conformity are being ______.
A. depressed B. suppressed C. rationalized D. pressured
Many companies have to monitor some of their financial statement ratios, such as the current ratio, due to debt covenants. Selected transactions are provided below for a company that uses a perpetual inventory system; sells its merchandise at a selling price that exceeds cost; and had a current ratio of 1.85 to 1 before the event occurred.
Required:In the above table, indicate whether each transaction would increase (+), decrease (?), or not affect (0) the company's working capital and the current ratio.
What will be an ideal response?