Given that the cost of goods manufactured is $504,000 and the dollar values of the beginning and ending finished goods inventory are $130,000 and $90,000, respectively, what is the cost of goods sold?
a. $544,000
b. $634,000
c. $414,000
d. $464,000
A
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Increases or decreases in net income always increase or decrease cash by the same amount
a. True b. False Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. Turnover rates are higher among managers returning from overseas assignments than for those who do not go abroad. 2. The career path that most resembles the traditional view of climbing the stairs in a corporate hierarchy is called the linear career. 3. A steady-state career entails a slow-but-steady growth in level of responsibility and compensation. 4. A spiral career path depends on having jobs that, while fundamentally different, build on one another.
If MTBF represents mean time between failures, and MTTR represents mean time to repair, then availability is given by ______.
a. MTBF / MTTR b. MTBF / (MTBF + MTTR) c. MTBF / (MTBF – MTTR) d. MTTR / MTBF
The net present value (NPV) for Epiphany's Project is closest to ________
Epiphany Industries is considering a new capital budgeting project that will last for three years. Epiphany plans on using a cost of capital of 12% to evaluate this project. Based on extensive research, it has prepared the following incremental cash flow projects: Year 0 1 2 3 Sales (Revenues) 150,000 150,000 150,000 - Cost of Goods Sold (50% of Sales) 75,000 75,000 75,000 - Depreciation 25,000 25,000 25,000 = EBIT 50,000 50,000 50,000 - Taxes (35%) 17,500 17,500 17,500 = unlevered net income 32,500 32,500 32,500 + Depreciation 25,000 25,000 25,000 +(-) increase/(decrease) in working capital 5,000 5,000 -10,000 - capital expenditures -90,000 A) $23,387 B) $140,319 C) $46,773 D) $93,546