Which of the following is an optional test phase in a product launch?
a. market testing
b. primary testing
c. design testing
d. prototype testing
a. market testing
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The operating ratio of Cross America Airlines has increased. Which of the following could not explain this rise?
a. Operating revenues have increased more slowly than expenses. b. Salary costs have risen substantially. c. Operating revenues have increased with stable operating expenses. d. Dues costs have risen substantially. e. None of the answers are correct.
Regardless of the medium, which of the following is NOT a general pointer for designing benefits information?
A. Avoid complex language when describing benefits. Clear, concise, and understandablelanguage is a must. B. Explain the purpose behind a benefit and the value it offers employees. Be up frontabout the pros and cons of different benefit plans. C. Provide numerous examples to illustrate how a benefit choice might affect differenttypes of employees, depending upon their personal circumstances. D. Avoid the use of graphics as, they tend to make the information less understandable and encourage confusion.
Banc Corp. Trust is considering either a bankwide overhead rate or department overhead rates to allocate $396,000 of indirect costs. The bankwide rate could be based on either direct labor hours (DLH) or the number of loans processed. The departmental rates would be based on direct labor hours for Consumer Loans and a dual rate based on direct labor hours and the number of loans processed for Commercial Loans. The following information was gathered for the upcoming period:DepartmentDLHLoans ProcessedDirect CostsConsumer14,000 700 $280,000 Commercial8,000 300 $180,000 Banc Corp. Trust estimates that it costs $500 to analyze and close a commercial loan. This amount has been included in the $396,000 of indirect costs. How much of the $396,000 indirect costs should be allocated to the
Commercial Department, if Banc Corp. Trust uses a bankwide rate based on the number of loans processed? A. $246,000. B. $396,000. C. $223,800. D. $216,000.
The ABCD Partnership has the following balance sheet at January 1, 2017, prior to the admission of new partner, Eden. Cash and current assets$39,000Liabilities$52,000Land 234,000Adams, capital 26,000Building and equipment 130,000Barnes, capital 52,000 Cordas, capital 117,000 Davis, capital 156,000Total$403,000Total$403,000?Eden contributes $49,000 into the partnership for a 25% interest. The four original partners share profits and losses equally. Using the bonus method, determine the balances for each of the five partners after Eden joins the partnership.
What will be an ideal response?