Slack for a given activity is computed as Late Finish minus Early Finish
Indicate whether the statement is true or false
FALSE
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Refer to the following selected financial information from Gomez Electronics. Compute the company's debt-to-equity ratio for Year 2. Year 2 Year 1 Net sales$487,000? $427,950? Cost of goods sold 278,000? 251,820? Interest expense 11,400? 12,400? Net income before tax 68,950? 54,380? Net income after tax 47,750? 41,600? Total assets 320,500? 298,200? Total liabilities 172,900? 169,000? Total equity 147,600? 129,200?
A. 2.17. B. 1.85. C. 0.85. D. 3.30. E. 1.17.
The use of another CPA firm by an audit firm to perform part of the engagement on a client's subsidiary will require the audit firm to do which of the following?
a. Merge with the other CPA firm. b. Perform a peer review on the other CPA firm. c. Ensure the independence of the other CPA firm of the client. d. List the other firm in the footnotes to the client's financial statements.
Returns on systematic risk-free securities (like U.S. Treasury securities) should exhibit what type of correlation with returns on a diversified marketwide portfolio of stocks?
a. nearly perfect correlation. b. perfect correlation. c. no correlation. d. Unable to tell without specifics about the portfolio.
Which of the following résumé formats are likely to be incompatible with traditional applicant tracking systems and screening habits of recruiters?
A) PDF file résumés B) Online résumés C) Infographic résumés D) Microsoft Word file résumés E) Printed scannable résumés