Fabrick Company's quality cost report is to be based on the following data: Lost sales due to poor quality $ 13,000 Quality data gathering, analysis, and reporting $ 62,000 Net cost of spoilage $ 59,000 Re-entering data because of keying errors $ 18,000 Test and inspection of in-process goods $ 11,000 Final product testing and inspection $ 40,000 Statistical process control activities $ 36,000 Returns arising from quality problems $ 32,000 Downtime caused by quality problems $ 57,000 What would be the total prevention cost appearing on the quality cost report

Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.

What is the difference between the contractual interest rate and the market interest rate?

Economic models a. are constructed to mirror reality as closely as possible, and in this respect economic models are no different from other scientific models. b. are constructed to mirror reality as closely as possible, and in this respect economic models are very different from other scientific models. c. are simplifications of reality, and in this respect economic models are no different from other scientific models. d. are simplifications of reality, and in this respect economic models are very different from other scientific models.