Personality is a collection of multiple
A. traits.
B. capacities.
C. aptitudes.
D. emotions.
E. abilities.
Answer: A
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Lopar Company uses a predetermined overhead rate based on direct labor dollars. Lopar Company estimated that its 2010 overhead would total $938,000 and that 2010 direct labor costs would be $670,000 . During 2010, actual overhead costs were $960,000, and actual direct labor costs were $700,000 . By how much was Lopar's overhead over- or underapplied?
a. $20,000 overapplied b. $20,000 underapplied c. $18,000 overapplied d. $10,000 underapplied
The cost-benefit constraint says that information disclosed must have benefits to the user that are greater than the costs of providing it.
Answer the following statement true (T) or false (F)
A firm has determined that its optimal EOQ ordering quantity is 1,250 units for a certain product. If average daily demand is 90 units, what should the review period for this product be?
a. 100 days b. 0.07 days c. 13.8 days d. Review period cannot be determined from the information given
In the year just past (Year 1 ) Hane Heavy Industries had no debt. Today is January 1 of Year 2. Hane is considering a plan to sell bonds worth $30B and use the proceeds to repurchase 2B shares (on the open market at $15/share)
If Hane maintains this new level of debt in perpetuity, then what is the present value of the resulting interest tax shields? Assume that the debt is sold immediately, that the bonds are a perpetuity, and that interest is paid at the end of each year. Assume that the coupon rate on the bonds is 3.5% and that the tax rate is 13%. A) $3.9B B) $7.8B C) $13.7B D) $26.1B E) $30B