If company earnings reflect a rate of return less than the cost of debt, then more debt ________
A) will increase the percentage of earnings available for distribution to the equity owners
B) will lower the percentage of earnings available for distribution to the debt owners
C) will increase the percentage of dividends available for distribution to the equity owners
D) will lower the percentage of earnings available for distribution to the equity owners
Answer: D
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______ method results in a straight line that minimizes the sum of the squares of the differences between the line and each of the actual observations.
A. Best-fit B. Straight-line C. Least-squares D. Linear-line
Cariboo Manufacturing Company incurred a joint cost of $600,000 in the production of X and Y in a joint process. Presently, 1,800 of X and 1,400 of Y are being produced each month. Management plans to decrease X's production by 300 units in order to increase the production of Y by 500 units. Additionally, this change will require minor modifications, which will add $20,000 to the joint cost. This cost is entirely attributable to product Y. What is the amount of the joint costs allocable to X and Y before changes to existing production assuming Cariboo allocates their joint costs according to the proportion of X and Y produced? Product XProduct YA.$262,500 $337,500 B.$264,706 $335,294 C.$273,529 $326,471 D.$337,500 $262,500
A. Option A B. Option B C. Option C D. Option D
The Uniform Computer Information Transaction Act (UCITA) was developed to provide ________
A) a standard form for licensing copyrighted information contained in books and magazines to operators of websites B) guidelines for the enforcement of electronic contracts and the licensing of information C) guidelines only for the purchase and sale of computers worth more than $5,000 D) guidelines for the shipment of computer hardware by truck or rail
Having __________ manufacturing flexibility is desirable.
a. Increased b. Decreased c. Both increased and decreased d. Neither increased nor decreased