With the regression function, the area of variation that represents unexplained changes is
A) economic.
B) seasonal.
C) noise.
D) cyclical.
E) trend line.
C
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Smidt Corporation has provided the following data for its two most recent years of operation: Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$9Direct labor$5Variable manufacturing overhead$5Fixed manufacturing overhead per year$140,000Selling and administrative expenses: Variable selling and administrative expense per unit sold$5Fixed selling and administrative expense per year$65,000 Year 1Year 2Units in beginning inventory03,000Units produced during the year10,0007,000Units sold during the year7,0006,000Units in ending inventory3,0004,000The unit product cost under variable costing in Year 1 is closest to:
A. $24.00 B. $19.00 C. $33.00 D. $38.00
A taxpayer has made substantial donations of both cash and capital gain property public charities. Due to lower income this year, the taxpayer could exceed the charitable contribution ceilings. The taxpayer will apply the 60% AGI ceiling before applying the 30% AGI ceiling.
Answer the following statement true (T) or false (F)
Murray Inc. is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable. The CEO wants to use the IRR criterion, while the CFO favors the NPV method. You were hired to advise Murray on the best procedure. If the wrong decision criterion is used, how much potential value would Murray lose? r: 6.00% Year0 1 2 3 4 CFS ?$1,025 $380 $380 $380 $380 CFL ?$2,150 $765 $765 $765 $765
A. $188.68 B. $198.61 C. $209.07 D. $219.52 E. $230.49
Three factors affect the level and the shape (the slope) of the yield curve over time.
What will be an ideal response?