Gantt charts are useful for scheduling jobs, but not for loading them
Indicate whether the statement is true or false
FALSE
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Beery Inc. reported the following results from last year's operations: Sales$11,400,000Variable expenses 8,180,000Contribution margin 3,220,000Fixed expenses 2,422,000Net operating income$ 798,000Average operating assets$6,000,000At the beginning of this year, the company has a $900,000 investment opportunity with the following characteristics: Sales$2,880,000 Contribution margin ratio 30% of salesFixed expenses$720,000 The company's minimum required rate of return is 12%. If the company pursues the investment opportunity, this year's combined residual income for the entire company will be closest to:
A. $24,300 B. $848,700 C. $114,000 D. $942,000
Which one of the following adjustments increases net income for the period?
A) Recognition of the amount of supplies used. B) Recognition of the revenue earned, but not yet received. C) Recognition of the wages earned, but not paid to employees. D) Recognition of rent costs that had been paid to the landlord in advance.
Kit loses her suit against Lou in a Minnesota state trial court. Kit appeals to the state court of appeals and loses again. Kit would appeal next to
A. a U.S. district court. B. the Minnesota Supreme Court. C. the United States Supreme Court. D. the U.S. Court of Appeals for the Eighth Circuit.
Media planners often define media objectives by the advertising schedule's ________, the total size of the audience for a set of ads or an entire campaign.
A. message weight B. circulation value C. attention value D. gross impressions E. frequency