Whenever a customer requests changes, the project manager should
a. do a quick estimate and say if the change is ok or not.
b. have the appropriate project team members estimate the effects on the project cost and schedule.
c. stop the project's progress.
d. ignore the request and deliver the product promised.
b
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Mayflower, Inc. provided the following for 2017:
Cost of Goods Sold (Cost of sales) $1,100,000 Beginning Merchandise Inventory 300,000 Ending Merchandise Inventory 630,000 Calculate the average merchandise inventory held by Thomas, Inc during the year. A) $930,000 B) $465,000 C) $300,000 D) $630,000
A building costing $67,000 was sold at a loss of $8000. On the date of the sale, the building had accumulated depreciation of $32,000. On the statement of cash flows, what amount should be reported as an investing activity from sale of the building?
a. $27,000 b. $24,000 c. $43,000 d. $59,000