Most manufacturers today shy away from using global sourcing owing to the growing concerns over issues related to quality.

a. True

b. False

Under autarky a country produces three goods: oranges, books, and calculators. The price of oranges is $1. If the wage is equal to $6 and each worker spends 1/3 of her income on each of the three goods, what is the consumption of oranges per person?

Company's Z's earnings and dividends per share are expected to grow indefinitely by 4% a year. Assume next year's dividend per share is $3 and next year's EPS is $4. The market capitalization rate is 8%.

On march 1, bartholomew company purchased a new stamping machine with a list price of $85,000. the company paid cash for the machine; therefore, it was allowed a 5% discount.

At year-end (December 31), Chan Company estimates its bad debts as 0.40% of its annual credit sales of $882,000. Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $441 account of P.

Which of the following statements is FALSE? A. Asset-specific risks can be easily diversified with highly correlated assets in a portfolioB. Asset-specific risks can be easily diversified with numerous assets in a portfolioC.

Palmer Music manufactures and sells MP3 players and sound systems that include a 180-day warranty on product defects. The company also sells 2-year extended warranties.

Keithomp, a company that manufactures and exports candies, sells different flavors of candy depending on the taste preferences of the country that it supplies to.

Kane Company's employees earn vacation time at the rate of 1 hour per 40-hour work period. The vacation pay vests immediately (that is, an employee is entitled to the pay even if employment terminates).

Digg Co. installs a manufacturing machine in its factory at the beginning of the year at a cost of $36,000. The machine's useful life is estimated at 10 years, or 300,000 units of product, with a $6,000 salvage value.

Which of the following actions will likely cause a project to fail? A) dedicating valuable team member time to identify risk events B) spending project funding to procure needed tools and spare parts C) unclear or conflicting stakeholder