Which of the following is a not a decision that management must make before calculating ROI and RI?

A) Should nonproductive assets be included in the average total asset calculation?
B) Should gross book value or net book value of assets be used?
C) Should a simple average of the beginning and ending total liabilities be used?
D) Should a short term focus be used?


C

Business

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A company originally issued 14,000 shares of $5 par value common stock at $12 per share The board of directors declares an 14% stock dividend when the market price of the stock is $25 a share. Which of the following is included in the entry to record the declaration of a stock dividend?

A) Stock Dividends is debited for $24,500. B) Common Stock-$5 Par Value is credited for $47,040. C) Common Stock is credited for $49,000. D) Stock Dividends is debited for $49,000.

Business

Orlando Avionics makes three types of radios for small aircraft—Model A, Model B, and Model C

The manufacturing operations are mechanized, and there is no direct labor. Manufacturing overhead costs are significant, and Orlando has adopted an activity-based costing system. Direct materials costs per unit for each model are as follows: Model A $20 Model B $33 Model C $36 Orlando has three activities-assembly, materials management, and testing. The cost driver for assembly is machine hours. The cost driver for materials management is the number of parts, and the cost driver for testing is the number of units of product. Total costs and production volumes for the year were estimated as follows: Total cost Allocation Base Cost Driver Assembly $792,000 123,750 Machine hours Materials management $136,000 80,000 Parts Testing $23,000 5,750 Units The Model A radio requires 12 parts to construct and 20 machine hours of processing. What is the manufacturing cost to make one unit of Model A? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) A) $168 B) $44 C) $152 D) $172

Business

Marla borrows $4,500 at 12 percent annually compounded interest to be repaid in four equal annual installments. The actual end of year payment is: (Round to the nearest whole dollar)

A) $942 B) $1,125 C) $1,482 D) $2,641

Business

In order to make your introduction to an informal proposal more persuasive, you can "hook" the reader with a:

What will be an ideal response?

Business