Business policies are usually inconvenient restrictions and a business hindrance.

True/False

A company manufactures 1,200 cylinders per day, each requiring a pressure gauge. The purchase price of the pressure gauge is $3.20.

The following information is taken from the financial statements of Clybourn Company for the current year: Current Assets $ 632,000 Total Assets 1,424,000 Cost of Goods Sold 1,040,000 Gross Profit 320,000 Net Income 192,000 The gross profit

There is no important area of human activity than management since its task is that of getting things done through people". Discuss.

In a gift of a parcel of real estate, one of the two owners was given an undivided 60 percent interest and the other received an undivided 40 percent interest. The two owners hold their interests as cooperative owners

The shareholders of Vycom, Inc. need to elect five new directors to the board. There are 750,000 shares of common stock outstanding.

You want a new cell phone which one of these sources would be most dependable

Auerbach Inc. issued 4% bonds on October 1, 2021. The bonds have a maturity date of September 30, 2031 and a face value of $300 million. The bonds pay interest each March 31 and September 30, beginning March 31, 2022.

Brief Exercise 3-8 Included in Swifty Company's December 31 trial balance is a note receivable of $10,080. The note is a 4-month, 10% note dated October 1.

Assuming a 360-day year, when a $20,000, 90-day, 5% interest-bearing note payable matures, total payment will be a. $20,250 b. $1,000 c. $21,000 d. $250

A signed "options agreement" must be obtained from a new options customer: (A) Before the first options order (B) Within 15 days after the account has been approved for options transactions (C) No later than the settlement date of the first options