If a firm performs strongly over a period of time the impact on its stock price is
A) positive.
B) inversely related.
C) uncertain.
D) unrelated.
Answer: A
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When a contract contains an uncertain, variable amount of consideration, GAAP requires that a company only recognizes total consideration as if the uncertainty does not exist
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Cross-tabulation examines associations between variables, not causation
Indicate whether the statement is true or false
Using the BCG portfolio analysis, a "dog" should be phased out unless
A. the market has a small chance of rebounding. B. additional resources could increase its relative market share slightly. C. its marketing manager is a champion of the product. D. it complements or boosts the sales of another product. E. None of the choices is correct. Dogs should be phased out.
During July, the production department of a process operations system completed and transferred to finished goods 10,000 units that were in process at the beginning of July and 76,000 that were started and completed in July. July's beginning inventory units were 100% complete with respect to materials and 30% complete with respect to labor. At the end of July, 15,000 additional units were in process in the production department and were 100% complete with respect to materials and 25% complete with respect to labor. The beginning inventory included labor cost of $52,100 and the production department incurred direct labor cost of $450,750 during July. Compute the direct labor cost per equivalent unit for the department using the weighted-average method.
A. $1.72. B. $5.02. C. $5.85. D. $5.60. E. $0.84.