The cash flow effect from a change in Net Working Capital is always equal in size and opposite in sign to the changes in Net Working Capital
Indicate whether this statement is true or false.
Answer: TRUE
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Spiritual capital is a term which applies to all of the following, except:
A) Social consequences of religion B) Economic consequences of spirituality C) Social consequences of spirituality D) Religious activism E) Economic consequences of organized religion
Kalliste, Inc. completed Job C50. Job C50 required $3,000 of direct materials cost, $2,000 of direct labor cost, and $600 of allocated manufacturing overhead.
Provide the journal entry needed to record completion and transfer of the job. Omit explanation.
Which of the following strands of OD is presently utilized, specifically in mergers and acquisitions?
a. Action research b. Quality and employee involvement c. Organizational culture d. Organizational learning
Valber Company is considering eliminating its phone division. The company allocates fixed costs based on sales. If the phone division is dropped, $150,000 of the fixed costs allocated to that division could be eliminated. The impact on Valber's operating income from eliminating the phone division would be: Desktops Laptops Tablets PhonesSales$356,000 $871,500 $694,000 $975,000 Variable costs 201,000 635,000 528,000 795,000 Contribution margin 155,000 236,500 166,000 180,000 Fixed costs 71,200 174,300 138,800 195,000 Net income (loss) 83,800 62,200 27,200 (15,000)
A. $15,000 increase B. $150,000 decrease C. $150,000 increase D. $30,000 increase E. $30,000 decrease