What is generally TRUE about class C SKUs in ABC analysis? They represent about:
A) 20 percent of all SKUs.
B) 50 percent of all SKUs.
C) 15 percent of the dollar usage.
D) 50 percent of the dollar usage.
B
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Johnson Tires Company uses the indirect method to prepare the statement of cash flows
Refer to the following comparative balance sheet for Johnson Tires Company and complete the third column to show the increases or decreases. Johnson Tires Company Comparative Balance Sheet December 31, 2017 and 2016 Increase/ 2016 2015 (Decrease) Cash $39,600 $19,800 Accounts Receivable 26,400 38,500 Merchandise Inventory 204,000 126,500 Total Assets 270,000 184,800 Accounts Payable 4,800 6,600 Accrued Liabilities 2,400 1,100 Long-term Notes Payable 100,800 99,000 Total Liabilities 108,000 106,700 Common Stock 36,000 2,200 Retained Earnings 135,600 81,400 Treasury Stock (9,600 ) (5,500 ) Total Stockholders' Equity 162,000 78,100 Total Liabilities and Stockholders' Equity $270,000 $184,800 What will be an ideal response
In a guaranty situation, there is only one contract among three parties
Indicate whether the statement is true or false