Answer T or F to the following: In general, job shop operations are larger than line flow operations. In general, job shop operations use more general purpose equipment than line flow operations. In general, job shop operations have higher variety of output than line flow operations. In general, job shop operations have lower labour content than line flow operations. In general, job shop operations are less flexible than line flow operations. In general, job shop operations are more likely to measure their capacity by their outputs. In general, job shop operations have less work in process inventory than line flow operations. In general, job shop operations have higher skilled workers than line flow operations. In general, job shop operations are less likely to compete on cost than line flow operations. In general, job shop operations produce larger volume output than line flow operations.

Shrieves casting company is considering adding a new line to its product mix, and the capital budgeting analysis is being conducted by sidney johnson, a recently graduated mba. the production line would be set up in unused space in the main plant. the machinery’s invoice price would be approximately $200,000, another $10,000 in shipping charges would be required, and it would cost an additional $30,000 to install the equipment. the machinery has an economic life of 4 years, and shrieves has obtained a special tax ruling that places the equipment in the macrs 3-year class. the machinery is expected to have a salvage value of $25,000 after 4 years of use. the new line would generate incremental sales of 1,250 units per year for 4 years at an incremental cost of $100 per unit in the first year, excluding depreciation. each unit can be sold for $200 in the first year. the sales price and cost are both expected to increase by 3% per year due to inflation. further, to handle the new line, the firm’s net working capital would have to increase by an amount equal to 12% of sales revenues. the firm’s tax rate is 40%, and its overall weighted average cost of capital, which is the risk-adjusted cost of capital for an average project (r), is 10%. define “incremental cash flow.” (1) should you subtract interest expense or dividends when calculating project cash flow?

Salaries are $4,500 per week for five working days and are paid weekly at the end of the day fridays. the end of the month falls on a thursday. the accountant for dayton company made the appropriate accrual adjustment and posted it to the ledger. the balance of salaries payable, as shown on the adjusted trial balance, will be a (assume that there was no beginning balance in the salaries payable account.)

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?