Using the more common form of brand valuation, the brand and the product are considered separately
Indicate whether the statement is true or false
TRUE
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The Thomlin Company forecasts that total overhead for the current year will be $15,000,000 and that total machine hours will be 200,000 hours. Year to date, the actual overhead is $15,500,000 and the actual machine hours are 220,000 hours. If the Thomlin Company uses a predetermined overhead rate based on machine hours for applying overhead, as of this point in time (year to date) the overhead is
over/under applied by? A) $1,000,000 over B) $1,000,000 under C) $500,000 over D) $500,000 under
Which of the following would be the most convincing evidence of a partnership?
A) An agreement to share in the management of a business B) Agreements to share gross returns C) An agreement to share losses D) An agreement to pay a firm manager a percentage of the profits for his salary
Conversion rights
A. specify the order in which classes of stockholders are paid upon dissolution. B. are designed to prevent dilution of a shareholder's ownership in the company. C. allow investors to convert to a different class. D. establish whether shareholders are entitled to dividends.
Answer the following statements true (T) or false (F)
1. LIFO inventory pricing does a better job than FIFO in equating current costs with current revenue. 2. Trend analysis is used to project the future performance of an industry. 3. If two companies have the same return on equity (ROE), they will also have the same return on assets (ROA). 4. A company can improve its return on equity (ROE) by changing its capital structure. 5. Because ratios are historic, they have minimal value to an investor.