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Donovan Orozco
BusinessBusiness
Which of the following increase owner's equity?

a. expenses

b. revenue

c. withdrawals

d. receiving cash from customers
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Zaria Roy
BusinessBusiness
Which of the following arranges machinery and equipment to focus on production of a single product or group of related products? A. product-oriented layout B. process-oriented layout C. fixed-position layout D. work-cell layout
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Kameron Garcia
BusinessBusiness
According to the federal Administrative Procedure Act, an agency is any governmental authority besides Congress and the courts. Which function does not fall under the category of what an agency does?
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Guest
BusinessBusiness
A supplier to Toyota stamps out parts using a press. Changing a part type requires the supplier to change the die on the press. This changeover currently takes four hours. The supplier estimates that each hour spent on the changeover costs $250. Demand for parts is 1,000 per month. Each part costs the supplier $100, and the supplier incurs an annual holding cost of 25%.

a. Determine the optimal production batch size for the supplier.

b. Toyota wants the supplier to reduce its batch size by a factor of 2; that is, if the supplier currently produces Q parts per batch, Toyota would like them to produce Q/2 parts per batch. What should the supplier do in order to make this amount optimal for him? (In other words, what setup time creates a scenario in which the optimal batch size drops to 1/2 of its current level?)
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Dominique Kelly
BusinessBusiness
A company issued a short-term note payable to a bank with a stated 12 percent rate of interest. The bank charged a. 5% loan origination fee and remitted the balance to the company. The effective interest rate paid by the company in this transaction would be
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Mattie Mendez
BusinessBusiness
Which best describes how a recession develops as demand and production decrease

The recession enters a recovery period.

The recession slows.

The recession accelerates.

The recession starts and stops.
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Evony
BusinessBusiness
Closing entries are Question 13 options: a. an optional step in the accounting cycle. b. posted to the ledger accounts from the worksheet. c. made to close permanent or real accounts. d. journalized in the general jou
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Branson Hale
BusinessBusiness
Which of the following statements regarding the circular flow model is not accurate?

a. Firms supply households with goods and services.

c. Firms pay households for land, labor, and capital.

b. Households pay firms for goods and services.

d. Households supply firms with goods and services.
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Alexzander Irwin
BusinessBusiness
The framers who wrote the constitution originally stated that the president could serve how many years
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Emma Drake
BusinessBusiness
Blue, Inc. had net sales in 2020 of $1,412,500. At December 31, 2020, before adjusting entries, the balances in selected accounts were Accounts Receivable $393,600 debit, and Allowance for Doubtful Accounts $1,922 debit. Assume that 10% of accounts receivable will prove to be uncollectible. Prepare the entry to record bad debt expense.
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Jerimiah Kim
BusinessBusiness
Gary smith is purchasing one living unit in a building. what type of housing is gary most likely going to live in
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Karter Bass
BusinessBusiness
A company's income statement showed the following: net income, $134,000; depreciation expense, $30,000; and gain on sale of plant assets, $4,000. An examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $9,400; merchandise inventory increased $18,000; prepaid expenses increased $6,200; accounts payable increased $3,400. Calculate the net cash provided or used by operating activities.
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Talon Meza
BusinessBusiness
Dobry Die & Mold, Inc., enters into a contract with Chet's Refitting Service to fix Dobry's precisely engineered molding equipment. If Chet's delays the repair for five days, knowing that Dobry will lose a certain percentage of profit for the delay, Dobry might be awarded consequential damages toa. establish, as a matter of principle, that Chet's acted wrongfully. b. provide Dobry with funds for a foreseeable loss beyond the contract. c. provide Dobry with funds for its loss of the bargain. d. punish Chet's and set an example to deter others from similar acts.
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Judah
BusinessBusiness
Cool Logos buys logo-imprinted merchandise and then sells it to university bookstores. Sales are expected to be $ 2 comma 003 comma 000 in September, $ 2 comma 240 comma 000 in October, $ 2 comma 378 comma 000 in November, and $ 2 comma 520 comma 000 in December. Cool Logos sets its prices to earn an average 30 % gross profit on sales revenue. The company does not want inventory to fall below $ 420 comma 000 plus 20 % of the next month's cost of goods sold. Prepare a cost of goods sold, inventory, and purchases budget for the months of October and November. Cool Logos Cost of Goods Sold, Inventory, and Purchases Budget For the Months of October and November October November Cost of goods sold Plus: Desired ending inventory Total inventory required Less: Beginning inventory Purchases
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Adison Shannon
BusinessBusiness
Why might a business based on a fad be good idea?
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