Braymiller Inc. has a $1,600,000 investment opportunity with the following characteristics: Sales$4,000,000 Contribution margin ratio 30% of salesFixed expenses$1,040,000 ?The turnover for this investment opportunity is closest to:
A. 0.04
B. 0.40
C. 25.00
D. 2.50
Answer: D
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Which of the following is not a procedure to check the quality of clustering results?
A) Perform cluster analysis on the same data using different distance measures. Compare the results across measures to determine the stability of the solutions. B) Delete variables randomly. Perform clustering based on the reduced set of variables. Compare the results with those obtained by clustering based on the entire set of variables. C) Use the same method of clustering and compare the results. D) Split the data randomly into halves. Perform clustering separately on each half. Compare cluster centroids across the two subsamples.
Product costing systems in use over the last 40 years
a. concentrated on using multiple cost pools and cost drivers. b. were often technologically incapable of handling activity-based costing information. c. have generally been responsive to changes in the manufacturing environment. d. have been appropriate for managerial decision purposes as long as they met the requirements of generally accepted accounting principles.
The accounting for employee stock options does not involve
a. the measurement of the fair value of stock options on the date of the grant using an option-pricing model that incorporates information about the current market price, the exercise price, the expected time between grant and exercise, the expected market price volatility of the stock, the expected dividends, and the risk-free interest rate. b. calculating total compensation cost as the number of options the firm expects to vest times the fair value per option. c. factoring in the firms use of their historical experience on forfeitures due to employees terminating employment prior to vesting to estimate the expected number of options that will vest. d. amortizing the fair value of the stock options on the date of the grant over the requisite service period, which is the expected period of benefit. e. the firm recomputing the fair value of the option at each succeeding balance sheet date to reflect new information about stock prices, volatility, dividend yield, or risk-free interest rates.
Which of the following is an internal project stakeholder group?
A) Clients B) Suppliers C) Functional managers D) Competitors