Which of the following is defined as production of a novel and appropriate response, product, or solution to an open-ended task?
A. creativity
B. satisficing
C. rigidity
D. flow
A. creativity
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Refer to the scenario above. What would the unleveraged and leveraged EPSs look like if EBIT were only $1,200?
A) All-equity EPS = $2.00, leveraged-equity EPS = $1.50 B) All-equity EPS = $3.00, leveraged-equity EPS = $2.00 C) All-equity EPS = $2.00, leveraged-equity EPS = $3.00 D) All-equity EPS = $4.50, leveraged-equity EPS = $3.00
The letter p in p chart stands for ____________________
Fill in the blank(s) with correct word
The Gordon Corporation issued $70,000 of 6%, 5-year bonds on January 1, Year 1 at 98. The interest payments are due on December 31 each year. Gordon uses the straight-line method of amortization.Which of the following answers shows the effect of the bond issuance on the financial statements? Assets=Liab.+EquityRev.?Exp.=Net Inc.Cash flowA.70,000=70,000+NANA?NA=NA70,000 FAB.68,600=68,600+NANA?NA=NA68,600 FAC.68,600=70,000+(1,400)NA?1,400=(1,400)68,600 FAD.70,000=68,600+1,400NA?(1,400)=1,40070,000 FA
A. Choice A B. Choice B C. Choice C D. Choice D
A company which manufactures custom-made machinery routinely incurs sizable telephone costs in the process of taking sales orders from customers. Which of the following is a proper classification of this cost?
A. Prime cost B. Period cost C. Product cost D. Conversion cost