Discriminant/logit analysis is similar to regression and ANOVA in which of the areas stated below (Table 18.1 in the text)?
A) nature of the dependent variables
B) nature of the independent variables
C) both A and B
D) none of the above
D
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When Procter and Gamble added a new laundry detergent in Asia called "Panda" to its current line of laundry detergents, the Panda brand would be considered a:
A) brand extension B) family brand C) flanker brand D) complementary brand
A budget that adds a new month at the end of the budget when a month is completed, resulting in a budget that is always one year in advance is a:
a. Flexible budget. b. Static budget. c. Continuous budget. d. Capital budget.
Lester Company purchases a piece of equipment on Jan. 2, 2010, for $30,000 . The equipment has an estimated life of eight years or 50,000 units of production and an estimated residual value of $3,000 . Lester uses a calendar fiscal year. The entry to record the amount of depreciation for 2010, using the double-declining-balance method, is:
a. Depreciation Expense– Equipment 4,500 Cash 4,500 b. Cash 5,000 Accumulated Depreciation– Equipment 5,000 c. Depreciation Expense — Equipment 5,500 Accumulated Depreciation– Equipment 5,500 d. Depreciation Expense — Equipment 7,500 Accumulated Depreciation– Equipment 7,500
Smile Industries capital structure consists of $1,000,000 of debt at 6 percent interest and 1,500,000 of stockholders equity at 2 percent. The proportion of Equity in the total capital structure is
a. 40% b. 60% c. 100% d. 15%