One effect on the accounting equation when a firm borrows money is
a. stockholders' equity decreases.
b. assets increase.
c. liabilities decrease.
d. assets decrease.
b
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The arrangement of goods within a supermarket or department store is systematically studied to maximize _____
a. manufacturer cooperation b. impulse sales c. payments by manufacturers d. self-service merchandising
The disadvantage of building up inventory during the off season to meet demand during peak seasons and keep production stable year round is
A) very low inventory costs because no inventory needs to be carried from period to period. B) very high inventory costs because inventory needs to be carried from period to period. C) in the fact that a firm could get by with a smaller, less expensive factory. D) in the fact that a firm could get by with a larger, more expensive factory.