The Rule of ________ is a quick formula that will show how many years it will take for a sum of money to double its value using compound interest.
a. Compounding
b. “72”
c. Doubling
d. “12”
e. Multiplying
b. “72”
You might also like to view...
Any product or service that is basically homogeneous and repetitively produced can take advantage of a process-costing approach
Indicate whether the statement is true or false
Coble Woodworking Corporation produces fine cabinets. The company uses a job-order costing system in which its predetermined overhead rate is based on capacity. The capacity of the factory is determined by the capacity of its constraint, which is an automated shaper. Additional information is provided below for the most recent month: Estimates at the beginning of the month: Estimated total fixed manufacturing overhead$33,075 Capacity of the shaper 270hoursActual results: Sales$79,268 Direct materials$12,200 Direct labor$17,400 Actual total fixed manufacturing overhead$33,075 Selling and administrative expense$8,100 Actual hours of shaper use 250hours The gross margin that would be reported on the income statement prepared for internal management purposes
would be closest to: A. $79,268 B. $19,043 C. $16,593 D. $10,943
_____ is a transparent barrier that keeps women from rising above a certain level in organizations.
A. Femininity B. A pitch deck C. Guanxi D. The glass ceiling
The tax assessor for Los Angeles county wishes to tax The Shane Company, a jeweler that owns the air rights for its five story building above a theater on Wilshire Boulevard. The Shane Company insists that it owns no real property
A) The assessor is correct; the air rights are a real property interest. B) The Shane Company is correct; air is not a real property interest. C) The air rights must be taxed as personal property. D) The theater owns the air rights and should be taxed.