The experience qualities of a good or service can be evaluated after purchase
Indicate whether the statement is true or false
TRUE
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Washington Corp reported the following information for 2016 and 2017. 2016 2017 Accounts receivable $101,000 $93,000 Prepaid expenses 5,000 6,000 Accounts payable 71,000 76,000 Salaries payable 5,000 4,000 Net income 80,000 Depreciation expense 9,000 Gain on sale of equipment 5,000 If Washington uses the indirect method to prepare the operating activities section of the statement of cash flows,
what amount will be reported as net cash inflow from operating activities for 2017? a. $73,000 b. $83,000 c. $95,000 d. $105,000
Arabica Manufacturing uses a predetermined overhead allocation rate based on the number of machine hours. At the beginning of the year, it estimated total manufacturing overhead costs to be $1,050,000, total number of direct labor hours to be 4000, and total number of machine hours to be 20,000 hours. What was the predetermined overhead allocation rate? (Round your answer to the nearest cent.)
A) $262.50 per machine hour B) $43.75 per direct labor hour C) $52.50 per machine hour D) $65.63 per direct labor hour
A soft drink manufacturing company has three factories-one in Orlando, one in Tampa, and one in Port St. Lucie-that supply soft drink bottles to three warehouses located in the city of Miami. The associated per-unit transportation cost between the factories and the warehouses is provided in the table below.
? Transportation Costs ($) Factories/Warehouse (W)W1 W2 W3 Orlando7 4 5 Tampa7 6 4 Port St. Lucie5 5 6 ? The factory in Orlando has a capacity of 14,000 units.The factory in Tampa has a capacity of 25,000 units.The factory in Port St. Lucie has a capacity of 23,000 units.The requirements of the warehouses are: ? Warehouse Requirement (Bottles) W1 18,000 W2 19,000 W3 22,000 ? Determine how much of the company's production should be shipped from each factory to each warehouse in order to minimize the total transportation cost? ? ? ? What will be an ideal response?
Explain why some researchers have predicted that transformational leadership may be less effective with Millennials. Do you agree with those predictions? Explain.
What will be an ideal response?