Which of the following is the single most important driver of globalization?
A) national regulation
B) information technology
C) domestic focus
D) market difference
B
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Intellectual capital is the difference between the market value and the book value of a firm. Intellectual capital can be increased by
A. attracting and retaining knowledgeable workers. B. decreasing labour costs. C. increasing the turnover of employees. D. increasing retention of below average workers.
Prepare a April 30 balance sheet in proper form for Two Rivers Vending Service from the following alphabetical list of the accounts at April 30: Accounts receivable……………………….$10,000Accounts payable…………………………..18,000Building……………………………………....28,000Cash………………………….……………....10,000Common Stock……………...……………..20,000Notes payable……………………………….47,000Office equipment……………...……………..12,000Retained earnings…………………………….?Trucks………………………………………..55,000
What will be an ideal response?
Depositing all cash, checks, etc. in a bank and paying with checks is an internal control procedure over cash
Indicate whether the statement is true or false
What is the production time constraint?
Ashley's manufactures home furnishings for department stores. Planning is underway for the production of the following items during the next production period: Quilts (x1) Blinds (x2) Pillows (x3) Fabric required (yards) (d1) 7 4 9 Time required (hours) (d2) 1.5 2 0.5 Packaging material (ounces) (d3) 3 2 1 Profit (d4) 12 10 8 Ashley has 3000 yards of material in stock for this production period. Five hundred hours of production time are scheduled and 400 ounces of packaging material is available. Each of these quantities can be adjusted through overtime or extra purchases. Ashley's highest priority is to achieve a profit of $3200. Her second priority is to avoid additional purchases of packaging material. Third, she wants to use all of the scheduled production hours, and fourth, minimize any fabric remaining from the 3000 yards. Note that the deviational variables associated with each item are given in the table.