Mini-Case Question. Calculate the volume variance of the business

A) -$72,000
B) $72,000
C) $80,000
D) -$80,000
E) $64,000


C

Business

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On June 1, 2011, Donner Technologies declared a $50,000 cash dividend to be distributed to its common stockholders of record on June 15, 2011. The dividend will be paid on July 1, 2011. The required journal entry on June 1 includes a:

A) $50,000 debit to retained earnings. B) $50,000 debit to dividends payable. C) $50,000 credit to cash. D) $50,000 credit to common stock.

Business

Future goods can be the subject of a present sale

a. True b. False Indicate whether the statement is true or false

Business

From the Industrial Revolution until the 1920s, most companies were in the ________ era.

A. production B. sales C. simple trade D. marketing company E. marketing department

Business

Which of the following is true about a futures option and a spot option on the same underlying asset when they have the same strike price? The expiration dates of the two options and the futures are all the same

A. A European call spot option and an American call futures option are equivalent B. An American call spot option and a European call futures option are equivalent C. A European put spot option and European put futures option are equivalent D. An American put spot option and American put futures option are equivalent

Business