Because customers are already upset, the language of adjustment messages should be particularly ________
A) adamant
B) ?sensitive
C) negative
D) ?vague
B
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The length of time a note is outstanding (that is, the period of time between the date it is issued and the date it matures) is called the ____________________
Fill in the blank(s) with correct word
The Polishing Department of Silverworks, Inc. had 15,000 units in process on June 1 and received 25,000 units from the Machining Department. During the month, it completed 32,000 units and transferred them to the Packaging Department.
Prepare the production cost report for the Polishing Department for the units for the month of June. (Use the first-in, first-out method.)
Kevin Woodworking Company is preparing its statement of cash flows using the indirect method. During the year, Kevin sold equipment for $5,990 cash. The net book value of the asset was $4,970. Which of the following statements is true?
A) The gain on sale of $1,020 is added back to net income in the operating activities section. B) The book value of the assets sold is shown as a negative cash flow in the investing activities section. C) The cash receipt of $5,990 is shown as a positive cash flow in the investing activities section. D) The gain on sale of $1,020 is shown as a positive cash flow in the financing activities section.
The internal rate of return:
A. ignores the time value of money. B. equates the present value of a project's cash inflows with the present value of the cash outflows. C. equates a project's cash inflows with its cash outflows. D. equates the present value of a project's cash flows with the future value of the project's cash flows. E. equates a project's cash outflows with its expenses.