There were 10,000 shares issued and outstanding before T-ball, Inc., decided to buy back some of its own stock to have on hand for end-of-year bonuses. It buys 200 shares at $30 per share. What happens to assets?

Which of the following statements regarding aggregate planning in services is FALSE?

A) Approaches to aggregate planning differ by the type of service provided. B) Some service organizations conduct aggregate planning in exactly the same way as manufacturing firms, but with demand management taking a more active role. C) Aggregate planning in some service industries may be easier than in manufacturing. D) Labor is the primary aggregate planning vehicle. E) Level scheduling is far more common than using a chase strategy.

Starting one month from now, you would like to withdraw $200 per month from your bank account to pay for your university education

You expect the education (and the withdrawals) to last for the next four years. If the account pays 0.3% interest per month, how much money must you have in your bank account today to support your future needs? A) $8,928.37 B) $7,157.02 C) $6,711.11 D) $8,794.50 E) $7,263.00