Business, 14.02.2020 06:16 rowandohnalek

Six Sigma Projects are easy to identify. They seek out sources of waste such as overtime and warranty claims; investigate production backlogs or areas in need of more capacity; and focus on customer and environmental issues.

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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.

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Six Sigma Projects are easy to identify. They seek out sources of waste such as overtime and warrant...

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