Pat's custom tuxedo shop maintains its records on the cash basis. during this past year pat's collected $43,300 in tailoring fees, and paid $12,300 in expenses. depreciation expense totaled $2,500. accounts receivable increased $1,050, supplies increased $4,300, and accrued liabilities increased $2,350. pat's accrual-basis net income was:

If you offer up your car as a demonstration that you will pay off your loan to a bank or another financial lending institution, you are using your car as collateral. true false

The dollar value generated over decades of customer loyalty to your company is known as brand equity. viability. sustainability. luck.

Electronics assembly inc. is a contract manufacturer that assembles consumer electronics for a number of companies. currently, the operations manager is assessing the capacity requirements as input into a bid for a job to assemble cell phones for a major global company. the company would assemble three models of cell phones in the same assembly cell. setup time between the phones is negligible. electronics assembly inc. operates two 8-hour shifts for 275 days per year. cell phone demand forecast (phones/year) processing time (minutes/phone) mars 47,000 19.8 saturn 35,000 20.7 neptune 7,500 16.2 a. calculate total capacity required by line. b. determine the total operating time available. c. calculate the total number of assembly cells. (round up your answer to the next whole number.)