Which message execution style involves presenting survey data indicating that a brand is better than other brands?
A) scientific evidence
B) testimonial evidence
C) endorsement
D) technical expertise
E) slice of life
A
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Contribution margin per unit is calculated as selling price per unit less fixed costs per unit
Indicate whether the statement is true or false
Sivret Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data:Total machine-hours80,000Total fixed manufacturing overhead cost$ 624,000Variable manufacturing overhead per machine-hour$ 3.10 Recently, Job M598 was completed with the following characteristics:Number of units in the job60Total machine-hours300Direct materials$ 645Direct labor cost$ 9,000The unit product cost for Job M598 is closest to:
A. $160.75 B. $215.25 C. $65.25 D. $43.05
Oval Inc. just paid a dividend equal to $1.50 per share on its common stock, and it expects this dividend to grow by 4 percent per year indefinitely. The firm plans to issue common stock, which has a $16 per share market price, to raise funds to support operations. Oval's investment bankers estimate that the flotation costs for new issues of common stock will be equal to 8 percent of the issue (market) price. What is Oval's cost of new common equity, re?
A. 14.60% B. 13.38% C. 10.60% D. 8.76% E. 18.55%
________ is a form of credit that does not require any security to protect the payment of the debt.
A. Mortgage B. Secured credit C. Unsecured credit D. Equity