Answer: (C) A location where value-added work needed to produce a material is carried out.
Explanation:
A work center is the type of location in which the work are carried out for producing various types of materials.
Work center is one of the type organization in which the various types of production activities are get performed.
Work center is also the type of resource which can be used for various types of multiple purpose. It is basically responsible for completing various types of operations within the production line.
Therefore, Option (C) is correct.
<span>Internal financing is when a firm uses its profits as
a source of capital for a new investment. Instead of the firm obtaining financing
from the outside, the firm can use its profits to acquire new investment. This
can be considered less expensive than external financing because no transactions
costs will be incurred. </span>
Answer:
b. $790,000.
Explanation:
The computation of the taxable income for X purpose is shown below:
Federal Taxable income $750,000
Add: Deduction for state income taxes non-deductible $50,000
Less: Interest on federal obligations i.e. deductible $10,000
Taxable income $790,000
Hence, option b is correct
Answer:
B. False
Explanation:
The days sales in receivable indicates the number of days in which a company receives the payments of its credit sales. A lower number indicates that the business collects the money faster and more efficiently. According to this, the statement is false because the days sales in receivable for baker sales is 35 and for xanadu company is 25 which means that xanadu company is having less difficulty in collecting the money.
The answer to this question is <span>By electing a board of directors
</span><span>Board of directors will have a certain amount of voting rights based on their total ownership in that company.
This voting right often used in electing top level management such as CEO or CFO. So, if you have the majority votes in the board of directors, you could technically control the upper management in that company.</span>