Four Hundred and Eighty Minutes of Production Time Are Available

question 26

Multiple Choice

Four hundred and eighty minutes of production time are available per day.The schedule calls for the production of 80 units per day.Each unit of the product requires 30 minutes of work.What is the theoretical minimum number of workstations?

• A)2
• B)3
• C)4
• D)5
• E)6

---

Definitions:

Earnings Per Share

A financial metric calculated by dividing the net earnings available to common shareholders by the average outstanding shares.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing the ownership stake of shareholders.

Cash Dividends

Cash Dividends are payments made by a corporation to its shareholders, usually as a distribution of profits.

Earnings Per Share

A financial metric that measures the portion of a company's profit allocated to each outstanding share of common stock, indicating a company's profitability.