On october 15, a company received $15,000 cash as a down payment on a consulting contract. the amount was credited to unearned consulting revenue. by october 31, 10% of the services required by the contract were completed. the company will record consulting revenue of $1,500 from this contract for october.
true / false.

An economic theory that calls for workers to take control of factories is .

Casey communications recently issued new common stock and used the proceeds to pay off some of its short-term notes payable. this action had no effect on the company's total assets or operating income. which of the following effects would occur as a result of this action? a. the company's current ratio increased.b. the company's times interest earned ratio decreased.c. the company's basic earning power ratio increased.d. the company's equity multiplier increased.e. the company's debt ratio increased.

Utilization will always be lower than efficiency because: a. effective capacity is greater than design capacityb. expected output is less than actual output.c. effective capacity equals design capacity.d. effective capacity is less than design capacity.e. expected output is less than rated capacity.