The minimum rate of return is also known as the hurdle rate
Indicate whether the statement is true or false
True
You might also like to view...
Ethics are the accepted principles of conduct that govern behavior within a society
Indicate whether the statement is true or false.
Emerald Corporation's overhead budget for 2013 was as follows: Factory supervision $450,000 Utilities costs 250,000 Insurance 30,000 Property taxes 25,000 Depreciation 125,000 Total $880,000 750,000 units were produced in 2013. Direct labor cost is $42,000,000. For both 2013 and 2014, each unit required 4 direct labor hours at $14 per hour. In 2014, property taxes, insurance, and depreciation are
expected to stay at 2013 levels. Utilities costs vary proportionally with units produced. Factory supervision increases by increments of $45,000 for every 300,000 increase in direct labor hours. The 2014 expected production is 1,200,000 units. What will be the value for factory supervision of Emerald in the 2014 overhead budget? A) $720,000 B) $270,000 C) $450,000 D) $990,000
Which of the following is an appropriate presentation of treasury stock?
a. As a marketable security b. As a deduction at cost from total stockholders' equity c. As a deduction at cost from total contingent liabilities d. As a deduction at par from total stockholders' equity
Where a contract calls for action that violates a statute, in a breach of contract case the court will:
A) Impose the appropriate criminal penalty. B) Order the parties to change the terms of the contract such that it becomes legal. C) Order payment so that the parties to the illegal contract share any losses equally. D) Ignore the contract and leave the parties where they are. E) Order both parties to return any consideration received.