Issued 6,100 shares of common stock for $610,000 cash. Borrowed $114,000 cash from a local bank, payable in two years. Bought a building for $272,250; paid $84,250 in cash and signed a three-year note for the balance. Paid cash for equipment that cost $238,000.Purchased supplies for $31,250 on account. Summarize the journal entry effects from part 2 using T-accounts.

At which level will a manager use analytics to make decisions? operational level managerial level strategic level all of the above

Which of the following statements concerning an organization's strategy is true? a. cost accountants formulate strategy in an organization since they have more inputs about costs. b. businesses usually follow one of two broad strategies: offering a quality product at a high price, or offering a unique product or service priced lower than the competition. c. a good strategy will always overcome poor implementation. d. strategy specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.

Afirm’s production function is represented by q(m, r) = 4m 3/4r1/3, where q denotes output, m raw materials, and r robots. the firm is currently using 6 units of raw materials and 12 robots. according to the mrts, in order to maintain its output level the firm would need to give up 2 robots if it adds 9 units of raw materials. (a) true (b) false