Val has an idea that is low on value and usefulness and high on degree of novelty. According to the Neck Idea Generation Matrix, the idea has the quality of ______.
a. innovation
b. invention
c. improvement
d. irrelevant
b. invention
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Which of the following expenditures would be most suspicious if it were capitalized?
a. Equipment purchases b. Computer purchases c. Prepaid expenses d. Salaries to the top management
When fixed costs are $18,000 and the contribution margin per unit is $4, the breakeven point is
a. 4,500 units. b. 2,230 units. c. $22,300. d. $72,000.
If you do not use Heading Styles in Microsoft Word 2010, you will have to type, ra-ther than insert, the table of contents
Indicate whether the statement is true or false
?The sinking fund provision requires a firm to:
A. ?issue bonds every year to finance interest payment on bonds. B. ?retire a portion of the bond issue each year. C. ?increase the coupon rate by one percent every year. D. ?use annual interest payments for the repayment of bonds. E. ?gradually reduce the face value of debt to the level of market value of debt.