For analysis using the economic production lot size (ELS) model to be useful, the producer must be able to produce the item faster than it is consumed

Indicate whether the statement is true or false

TRUE

Business

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At least two accounts must be impacted by every financial transaction.

a. true b. false

Business

AFB, Inc.'s dividend policy is to maintain a constant payout ratio. This year AFB, Inc. paid out a

total of $2 million in dividends. Next year, AFB, Inc.'s sales and earnings per share are expected to increase. Dividend payments are expected to A) remain at $2 million. B) decrease below $2 million. C) increase above $2 million. D) increase above $2 million only if the company issues additional shares of common stock.

Business