Firms like to hold large stocks of cash since the risk of becoming insolvent is minimized

Indicate whether the statement is true or false

FALSE

Business

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_______ managers have decision-making authority and usually have people reporting to them, whereas _______ positions provide advice, recommendation and research.

Fill in the blank(s) with the appropriate word(s).

Business

Newtown Manufacturing, Inc uses semi-hex joints in its manufacturing process

If Newtown's total demand for the joints for next year is estimated to be 57,000 units, and if the cost per order is $225, what is Newtown's economic order quantity of semi-hex joints? Assume that carrying costs for semi-hex joints are $0.75 per unit. A) 5,848 B) 4,944 C) 3,729 D) 3,987

Business