What are some examples of organizations that provide country risk ratings?
What will be an ideal response?
Organizations such as Euromoney, Institutional Investor, the Economist Intelligence Unit, and Political Risk Services Group produce country risk ratings for most countries in the world. Both quantitative information from countries and qualitative information obtained from experts are used to evaluate country and political risks.
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The Chuba Corporation uses a standard cost system in which manufacturing overhead is applied on the basis of standard direct labor-hours (DLHs). During December, the company actually used 7,200 direct labor-hours and made 1,900 units of finished product. The standard cost card for one unit of product includes the following data concerning manufacturing overhead:Variable overhead: 4 DLHs @ $5.25 per DLHFixed overhead: 4 DLHs @ $2.00 per DLHFor December, the company incurred $16,550 in fixed manufacturing overhead costs and recorded an $800 unfavorable volume variance.The denominator activity level in direct labor-hours used by Chuba in setting the predetermined overhead rate was:
A. 7,800 hours B. 7,200 hours C. 8,000 hours D. 7,600 hours
Several commentators have criticized the Bankruptcy Code as too easily excusing individuals and businesses from honoring their lawful obligations. From a societal standpoint, do you believe that the Bankruptcy Code plays a positive role in social and economic relationships? What changes, if any, would you recommend?
Salashar, Inc.'s balance sheet is as follows:
Cash $1,000,000 Current Liabilities $1,300,000 Other Current Assets $2,000,000 Long-term Debt $4,100,000 Long-term Assets $8,000,000 Common Stock $5,000,000 Retained Earnings $600,000 Total Assets $11,000,000 Total Liab. And Equity $11,000,000 Salashar decides to pay a dividend. Which of the following statements is MOST correct? A) The dividend cannot exceed $1,000,000, the amount of cash available. B) The dividend cannot exceed $600,000, the amount of retained earnings. C) The dividend cannot exceed $11,000,000, the amount of total assets. D) The dividend cannot exceed $1,700,000, the amount of net working capital.
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Indicate whether the statement is true or false