The service department will determine its service department charge rate and charge the company's divisions or departments according to their use of that particular service department
Indicate whether the statement is true or false
True
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Royer Corporation engaged in this transaction: Issued stock for equipment. Indicate which section, if any, the above transaction would appear in, or relate to, on a statement of cash flows
a. Financing activities section b. Operating activities section c. Investing activities section d. Schedule of noncash investing and financing transactions
______ voices are stereotyped as more mature, sexier, and stronger.
a. Higher-pitched b. Louder c. Quieter d. Lower-pitched
Which of the following is a true statement?
a. Transactions are events that may be either external or internal to an enterprise. b. Events that are internal to the firm do not require entries in the firm’s accounts. c. Transactions are economic or financial events that may or may not be recorded in the firm’s accounts. d. “Simple events” do not have any significant economic variables that lead to essentially different recording.
The Clydesdale Company has sales of $4,500,000. It also has invested assets of $2,000,000 and operating expenses of $3,600,000. The company has established a minimum rate of return of 7%. What is Clydesdale Company's profit margin?
A) 20% B) 80% C) 44.4% D) 18%