Since its objective is to minimize inventory investment, a Just-in-Time (JIT) system uses no, or very little, safety stocks

Indicate whether the statement is true or false


TRUE

Business

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It is possible for horizontal analysis to indicate an increase in revenues from one year to another and a decrease in net income

Indicate whether the statement is true or false

Business

The threat of substitutes can reduce the power of a business

Indicate whether the statement is true or false

Business

A machine with a cost of $130,000 and accumulated depreciation of $85,000 is sold for $50,000 cash. The amount that should be reported in the operating activities section reported under the direct method is:

A. $45,000. B. $50,000. C. $35,000. D. $5,000. E. $0.

Business

________ is a nonprofit organization that provides free online and in-person assistance to entrepreneurs in the form of training, consulting and mentoring provided mainly by retired executives and entrepreneurs. 

A. CSBC B. SIC C. NAICS D. SCORE

Business