A factory owner might decide to manufacture shirts in pakistan instead of the united states because

Morton Inc. has provided the following data for the month of November. The balance in the Finished Goods inventory account at the beginning of the month was $50,000 and at the end of the month was $46,000.

The current U. S. dollar / Chinese yuan currency spot rate is $0.130 per yuan. The fair value price for the U. S. dollar / Chinese yuan exchange rate for a 2-year forward contract is $0.1408. If the U. S. dollar denominated annual interest rate is 6.

Which of the following businesses is most likely to do well in times of recession ... a. amusement parks b. discount stores c. high end restaurants d. hotels

Define the three main forms of legal ownership of a business. Which one appeals most to you and why?

The Tangier Company is considering eliminating the following product line: Product AXP Sales $ 44,000 Less variable costs: Raw materials 27,000 Direct labor 6,600 Contribution margin $ 10,400 Less fixed costs: Production costs allocated to products

Which of the following is not a disadvantage of a divisional type of organizational structure? A. It can be very expensive compared to a functional organizational structure. B.

If $15,000 is considered to be material to the income statement, but $25,000 is material to the balance sheet, the auditor should set overall materiality at which of the following dollar amounts? a. $20,000 b. $25,000 c. $40,000 d. $15,000

Jerome Industries has inventory days of 48, accounts receivable days of 21, and accounts payable days of 30. What is the length of its cash cycle

Faldo Corp sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were $325,000, and its year-end receivables were $60,000. If its DSO is less than the 45-day credit period, then customers are paying on time.

A micro loan would mostly likely support which of the following projects? a. cattle farming b. textbooks for school c. handcrafts d. tobacco plantation