If a firm's capital intensity ratio (A
*/S0) decreases as sales increase, use of the AFN formula is likely to understate the amount of additional funds required, other things held constant.
*/S0) decreases as sales increase, use of the AFN formula is likely to understate the amount of additional funds required, other things held constant.Answer the following statement true (T) or false (F)
False
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________ is the process of dividing a market into distinct groups of buyers who have different needs, characteristics, or behavior
A) Differentiation B) Mass marketing C) Market targeting D) Market segmentation E) Positioning
In countries where capital gains are not taxed, investors should prefer to own stocks rather than debt compared to investors in countries where capital gains are taxed.
Answer the following statement true (T) or false (F)
Arnold is the chief executive officer of Beta Corporation. Arnold's responsibilities include decisions on product development, marketing, and other significant business directions. Arnold is subject to the approval and oversight of Beta's board of directors. Carol is a Beta manager whose duties include the firm's day-to-day hiring, firing, purchasing, and selling. Dave is a Beta salesperson, whose daily activities are controlled by Carol. Erin writes technical manuals for Beta products according to Arnold's instructions and subject to Beta's control, but has no dealings with Beta customers or suppliers. Fred edits the manuals on a contract-per-manual basis and is not otherwise subject to Beta's control. Who is a principal? Who is an agent? Who is an employee? Who is an independent
contractor? What will be an ideal response?
Ravena Labs., Inc. makes a single product which has the following standards:Direct materials: 2.5 ounces at $20 per ounceDirect labor: 1.4 hours at $12.50 per hourVariable manufacturing overhead: 1.4 hours at 3.50 per hourVariable manufacturing overhead is applied on the basis of standard direct labor-hours. The following data are available for October:•3,750 units of compound were produced during the month. •There was no beginning direct materials inventory. •Direct materials purchased: 12,000 ounces for $225,000. •The ending direct materials inventory was 2,000 ounces. •Direct labor-hours worked: 5,600 hours at a cost of $67,200. •Variable manufacturing overhead costs incurred amounted to $18,200. •Variable manufacturing overhead applied to products: $18,375. The
materials quantity variance for October is: A. $12,500 Favorable B. $52,500 Favorable C. $12,500 Unfavorable D. $52,500 Unfavorable