When a company is labor-intensive, the cost driver that is probably least significant would be
a. direct labor hours.
b. direct labor dollars.
c. machine hours.
d. cost of materials used.
C
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a. Mood b. Affects c. Instinct d. Emotions
Pace Corporation acquired 100 percent of Spin Company's common stock on January 1, 20X9. Balance sheet data for the two companies immediately following the acquisition follows:ItemPaceCorporationSpinCompanyCash $30,000 $25,000 Accounts Receivable 80,000 40,000 Inventory 150,000 55,000 Land 65,000 40,000 Buildings and Equipment 260,000 160,000 Less: Accumulated Depreciation (120,000) (50,000) Investment in Spin Company Stock 150,000 Total Assets $615,000 $270,000 Accounts Payable $45,000 $33,000 Taxes Payable 20,000 8,000 Bonds Payable 200,000 100,000 Common Stock 50,000 20,000 Retained Earnings 300,000 109,000 Total Liabilities and
Stockholders' Equity $615,000 $270,000 At the date of the business combination, the book values of Spin's net assets and liabilities approximated fair value except for inventory, which had a fair value of $60,000, and land, which had a fair value of $50,000. The fair value of land for Pace Corporation was estimated at $80,000 immediately prior to the acquisition.Based on the preceding information, what amount of goodwill will be reported in the consolidated balance sheet prepared immediately after the business combination? A. $0 B. $21,000 C. $15,000 D. $6,000
What is the name for the personalized password that each customer must enter before making ATM transactions?
A) EFT B) PWD C) PIN D) PRT
What is used to guide the detailed activities of the marketing plan ensuring the goals of the plan are accomplished?
A) Marketing strategy B) Product differentiation C) Marketing objectives D) Distribution policy E) Marketing mix