Classifying the purchase of small tools as an expense instead of as an asset will affect a company's:
a. Balance sheet.
b. Income statement.
c. Balance sheet and income statement.
d. None of the above is correct.
c
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Utah Light, Inc has a takeover offer from Cal Corp Utah Light is experiencing difficulty with earnings and its share price has dropped from $32 to $19. Cal Corp's offer is for $23 per share. Utah Light's board feels that because of pending plans and developing assets, it should not accept the offer. Must the board accept the offer?
Which of the following is a defined-contribution plan intended for firms with 100 or fewer employees?
A) 401(k) plan B) SEP plan C) SIMPLE plan D) 403(b) plan
In a two-way ANOVA, there are 3 levels for factor A and 4 levels for factor B, and three observations within each cell. The number of treatments in this experiment will be:
a. 36. b. 9. c. 12. d. 18. e. 6.
In an organization that follows a common sales process and does not implement SAP, many sales orders are often rejected due to a lack of inventory
Which of the following is the problem with the sales process that led to the rejection of the sales orders?A) Sales staff are not given access to the warehouse database. B) Accountants are not checking inventory levels before approving a sale. C) Sales staff are not instructed to check the warehouse database. D) Inventory data available to the sales agents lag by a day.