A business need only move through the strategic business planning process once. True False

A specialized area of management involving all the activities needed to convert or transform resources into goods and services is: a. marketing management. b. shipping and receiving. c. inventory management. d. operations management. e.

When sending an electronic cover letter, an e-mail address is sufficient contact information. true or false

Finlay, Inc., issued 13,000 shares of $50 par value preferred stock at $70 per share and 17,000 shares of no-par value common stock at $8 per share. The common stock has no stated value. All issuances were for cash. a.

Wellington Corp. has outstanding accounts receivable totaling $6.5 million as of December 31 and sales on credit during the year of $24 million. There is also a credit balance of $12,000 in the allowance for doubtful accounts.

a project with an initial cost of 63800 is expected to generate annual cash flow of 16580 for the next 6 years what is the Project's internal rate of return

The law of supply states that as the price of a good rises, the quantity supplied of that good disappears. decreases. remains the same. increases.

A 15-year mortgage typically requires higher monthly payments than a 30-year mortgage but the total interest over the life of the loan will be less.

Stephanie Roe utilizes the direct write-off method of accounting for uncollectible receivables. On September 15, she is notified by the attorneys for Jacob Marley that Jacob Marley is bankrupt and no cash is expected in the liquidation of Jacob

The Halpert Group produces a single product selling for $ 20 per unit. Variable costs are $ 2 per unit and total fixed costs are $ 10,000. What is the contribution margin ratio?

Virginia supply offers their customers trade credit with terms 2/15, net 30. this implies that: