The dividend policy must be formulated considering two basic objectives, namely ________
A) delaying the tax liability of the stockholder and information content
B) maximizing shareholder wealth and maintaining liquidity
C) maximizing shareholder wealth and providing for sufficient financing
D) maintaining liquidity and minimizing the weighted average cost of capital
C
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Bachrodt Corporation uses activity-based costing to compute product margins. Overhead costs have already been allocated to the company's three activity cost pools--Processing, Supervising, and Other. The costs in those activity cost pools appear below: Processing$21,600Supervising$3,700Other$10,700Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data appear below MHs (Processing)Batches (Supervising)Product Y73,700400Product V06,300600Total10,0001,000Finally, sales and direct cost data are combined with Processing and Supervising costs to determine product margins. Product Y7Product V0?Sales
(total)$102,200$78,900?Direct materials (total)$40,800$39,100?Direct labor (total)$47,200$22,300?What is the overhead cost assigned to Product Y7 under activity-based costing? A. $18,000 B. $9,472 C. $7,992 D. $1,480
In general, a web site or electronic storefront is not necessary for retail businesses.
Answer the following statement true (T) or false (F)
Marco, a 20-year-old debutant, recently released his first novel called "The Whispering Duck." For protection purposes, Marco got his book copyrighted. In this scenario, The Whispering Duck is Marco's _____.
A. siteKey B. enterprise C. intellectual property D. trademark
Maddie enters into a secured consumer debt transaction with Friendly Bank. When Maddie pays the loan in full, Friendly Bank is required to file a statement indicating that it no longer claims a secured interest in the collateral
Indicate whether the statement is true or false