If a company purchases equipment by issuing a note payable, its total assets will not change

a. True
b. False

Indicate whether the statement is true or false


False

Business

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The scope of green supply chain management includes all of the following, except:

A. The manufacturing process B. The materials sourcing C. The packaging D. The life cycle of the product E. All of the above are aspects of green supply chain management

Business

Which type of index in SQL Server is faster for data retrieval?

A) Clustered B) Nonclustered C) Baseline D) There is no advantage to any particular index for data retrieval, only for data updating.

Business

Lueckenhoff Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $497,000, variable manufacturing overhead of $2.40 per direct labor-hour, and 70,000 direct labor-hours. The company has provided the following data concerning Job T498 which was recently completed:Number of units in the job40Total direct labor-hours80Direct materials$950Direct labor cost$2,720The predetermined overhead rate is closest to:

A. $7.10 per direct labor-hour B. $2.40 per direct labor-hour C. $11.90 per direct labor-hour D. $9.50 per direct labor-hour

Business

Toy Mart recently announced that it will pay annual dividends at the end of the next two years of $1.60 and $1.10 per share, respectively. Then, in Year 5 it plans to pay a final dividend of $13.50 a share before closing its doors permanently. At a required return of 13.5 percent, what should this stock sell for today?

A. $3.24 B. $16.20 C. $9.43 D. $13.33 E. $12.70

Business