In an ideal supply chain, materials of all kinds are handled as many times as possible.
Answer the following statement true (T) or false (F)
False
In an ideal supply chain, materials of all kinds are handled as few times as possible. Any warehouse needs to be designed so that after goods are received and checked in, they move directly to their designated storage locations. Efficient, orderly, clean, and well-marked warehouses enhance the flow of goods.
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Ace Industries has the following shareholders' equity accounts at December 31, 2018: Preferred stock, $100 par value, 10% dividend, 50,000 shares issued and outstanding$5,000,000 Common stock, $6 par value, 1 million shares issued and outstanding 6,000,000 Paid-in capital in excess of par 119,000,000 Unrestricted retained earnings 7,500,000 Retained earnings restricted for plant expansion 2,500,000 Assuming that the preferred stock is cumulative, and that there are no dividends in arrears, what is the maximum dividend that may be distributed to common shareholders at December 31, 2018?
A. $9,500,000 B. $7,000,000 C. $2,000,000 D. $7,500,000
Which of the following statements is a reason why some vendors and retailers chose not to adopt RFID tagging?
A. They are concerned about the environmental impact. B. They are concerned about the data storage falling into the wrong hands. C. They do not want to replace people with the devices. D. They are concerned about the potential health risk of radio frequency. E. They believe the additional costs do not benefit the return on investment.
An adjusting entry that debits Accounts Receivable is an example of a(n) ________
A) deferred expense B) accrued revenue C) accrued expense D) deferred revenue
Ralph creates a trust by his will for the benefit of Stella and her family to come into existence on Ralph's death. This is? A) a constructive trust
B) a living trust. C) a resulting trust. D) a testamentary trust.