Round the number to the indicated place: 5,692.875316 to thousandths
What will be an ideal response?
5,692.875
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Which of the following is the most serious limitation to financial statement analysis of publicly traded companies?
a. Some companies do not use GAAP. b. Inflation can distort comparisons between years. c. Some companies report nonoperating items such as extraordinary gains and losses, while others do not. d. Different industries use different account names.
All projects with a profitability index of less than 1 should be accepted.
Answer the following statement true (T) or false (F)
Briefly discuss enforcement of a judgment
Younes Inc. manufactures industrial components. One of its products, which is used in the construction of industrial air conditioners, is known as P06. Data concerning this product are given below: Per UnitSelling price$220Direct materials$38Direct labor$1Variable manufacturing overhead$8Fixed manufacturing overhead$16Variable selling expense$4Fixed selling and administrative expense$16The above per unit data are based on annual production of 4,000 units of the component. Assume that direct labor is a variable cost.What is the current contribution margin per unit for component P06 based on its selling price of $220 and its annual production of 4,000 units?
A. $173 per unit B. $137 per unit C. $169 per unit D. $51 per unit