A CRITICAL THINKING Making Decisions In order to
survive, GM closed 14 plants and fired 47,000 workers. As it returned to profitability and ñ sales increased, workers had to be hired back. At what point would Akerson decide that no more workers could be added to the workforce at a particular plant?

What are the general categories of capital budget scenarios? describe the overall decision-making context for each.

Your grandmother told you a dollar doesn't go as far as it used to. she says the purchasing power of a dollar is much lesser than it used to be. explain what she means. try and use and explain terms like inflation and deflation in your answer.

Sye chase started and operated a small family architectural firm in 2016. the firm was affected by two events: (1) chase provided $25,000 of services on account, and (2) he purchased $2,800 of supplies on account. there were $250 of supplies on hand as of december 31, 2016. record the two transactions in the accounts. record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. post the entries in the t-accounts and prepare a post-closing trial balance.