Discretionary financing needs will be lower if ________. Assume "all else equal."
A) the firm's net profit margin increases B) fixed assets are currently at full capacity
C) sales increase D) the dividend payout ratio is raised
A
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Which of the following events would be classified as an investing activity on a statement of cash flows?
A) payment of interest on a loan B) receipt of cash dividends on an available-for-sale investment C) purchase of inventory D) sale of an office building at a gain
When compiling objects that call packaged program units, only the package specification or program unit header is used for verification.
Answer the following statement true (T) or false (F)
The statement of work should contain:
A) Information on the key objectives for the project. B) A brief and general description of the work to be performed. C) Expected project outcomes. D) All of these are elements of a statement of work.
Krier Corporation uses a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $738,000 and 30,000 direct labor-hours for the period. The company incurred actual total fixed manufacturing overhead of $792,000 and 31,500 total direct labor-hours during the period. The predetermined overhead rate is closest to:
A. $24.60 B. $25.14 C. $23.43 D. $26.40