The cost method records all transactions in treasury shares at their cost and reprots the treasury stock as a deduction from capital stock only
a. true
b. false
Ans: b. false
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With a frequency program, consumers are more likely to put forth greater effort to obtain luxury goods as opposed to necessity items
Indicate whether the statement is true or false
A proposal is most effective when it makes a business case for an organization
Indicate whether the statement is true or false.
Robitussin redesigned its packaging to provide specific product use information to help buyers make a purchase decision and to inform them about proper product usage. The package lists four key pieces of information: the product's formulation, its possible side effects, the symptoms it treats, and the recommended age for usage. This is an example of meeting the ________ requirements of labeling.
A. legislative B. marketing C. legal D. industry E. consumer
Flanders Bar and Grill orders cleaning supply kits using the EOQ model. The restaurant estimates that it uses 525 kits per year. The purchase price per kit is $12 with an estimated carrying cost rate of 15%. The cost to place an order from the kit supplier is $10. What is the annual carrying cost that the restaurant should expect?
a. $120 b. $137.48 c. $76.38 d. $68.74