What is the name of the type of demand for money that arises because a firm realizes that is has some expenditures that will be incurred in the near future?
A) transactions
B) precautionary
C) short-term
D) long-term
Answer: A
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Describe the differences between chain stores and franchises
What will be an ideal response?
Office Systems Corporation manufactures and sells various high-tech office automation products. Two divisions of Office Systems Corporation are the Computer Chip Division and the Computer Division. The Computer Chip Division manufactures one product, a "super chip," that can be used by both the Computer Division and other external customers. The following information is available on this month's
operations in the Computer Chip Division: Selling price per chip $50 Variable costs per chip $20 Fixed production costs $60,000 Fixed SG&A costs $90,000 Monthly capacity 10,000 chips External sales 6,000 chips Internal sales 0 chips Presently, the Computer Division purchases no chips from the Computer Chips Division, but instead pays $45 to an external supplier for the 4,000 chips it needs each month. Refer to Office Systems Corporation. Assume that next month's costs and levels of operations in the Computer and Computer Chip Divisions are similar to this month. What is the maximum of the transfer price range for a possible transfer of the chip from one division to the other? a. $50 b. $45 c. $35 d. $30
Answer the following statements true (T) or false (F)
An exit-price accounting system provides an estimate of the cash conversion value of a firm’s resources.
__________________changes involve middle-level and supervisory level managers, as well as workers on the front line of the organization.
a. Strategic b. Grassroots c. Incremental d. Discontinuous