The Magazine Division of Continental Publishing Company had the following financial data for the year: Assets available for use $1,000,000 Book Value $1,500,000 Market Value Residual income $100,000 Return on investment 15% Refer to Continental Publishing Company. If expenses increased by $20,000 in the Magazine Division,
a. return on investment would decrease.
b. residual income would increase.
c. the target rate of return would decrease.
d. asset turnover would decrease.
A
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The most common measures of variability are the ________ and ________
A) median; range B) variance; mean C) mean; median D) range; variance E) difference; trend line
Which of the following is not one of Adam Smith's canons of taxation?
A. certainty B. equity C. convenience D. economic stimulation
Answer the following statements true (T) or false (F)
1. Labor standards established by the ILO's Declaration of Fundamental Principles and Rights at Work are legally enforceable. 2. Currently, all global trade agreements sanctioned by the WTO have a social clause requiring them to abide by the ILO's Declaration on Fundamental Principles and Rights at Work. 3. The World Bank requires companies to abide by the ILO's Declaration on Fundamental Principles and Rights at Work as a condition of borrowing money. 4. NAFTA is a free trade agreement between Canada, Mexico, and the U.S. that allows both free capital and labor mobility. 5. The North American Agreement on Labor Cooperation was created primarily to prevent social dumping by U.S. companies operating in Mexico.
Bacon Signs will have cash receipt of $80,000 in December and cash disbursements in December of $70,000. If its beginning cash is $4,000 and its desired reserve is $15,000, what will Bacon Signs' cash situation be at the end of December?
What will be an ideal response?