The ABC inventory matrix combines two ABC analyses-one is based on current inventory valuation and the other is based on annual inventory dollar usage..
Answer the following statement true (T) or false (F)
True
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The Credit column of the Income Statement section of the work sheet for a merchandising business will likely contain more than just revenue account balances
Indicate whether the statement is true or false
In order to fertilize his vegetable farm, John, a farmer, needs to choose from two fertilizers: Nitro Plus and Phosphate Max. Each bag of Nitro Plus costs $7 and contains 8 pounds of nitrogen and 6 pounds of phosphate. Each bag of Phosphate Max costs $9 and contains 4 pounds of nitrogen and 8 pounds of phosphate. John’s vegetable farm requires at least 32 pounds of nitrogen and 48 pounds of phosphate. (Assume fractions of a bag are allowed). At the optimal solution, what is the amount of nitrogen from the Phosphate Max brand?
A. 11.45 B. 19.20 C. 17.65 D. 11.55
Happta is a corporation with tax-exempt status. It has members but cannot have stockholders. Given this information, Happta is most likely a(n):
A. S corporation. B. C corporation. C. not-for-profit corporation. D. statutory close corporation.
What are the most import characteristics of foreign securities that leads to diversification benefits?
What will be an ideal response?