The units of output are meaningful measures in multiproduct firms.
Answer the following statement true (T) or false (F)
False
Units of output usually are not meaningful measures in multiproduct firms, because you must add numbers of unlike products.
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There was no way that the study tour to Italy could cost only $1500 for 14 days and 13 nights and include all transportation, meals and hotels, but the smarmy professor knew that students would balk at a higher advertised price
Once they were thousands of miles away from home in a country where none of them spoke the language it would be easier to tell them about unanticipated charges and approach the more realistic price of $3500 per person. This type of: A) Specification change is a common reason for a cost overrun. B) Lack of definition is a common reason for a cost overrun. C) Low initial estimate is a common reason for a cost overrun. D) Unexpected technical difficulty is a common reason for a cost overrun.
The Founder of Teach for America, Wendy Kopp, wants to make teaching an attractive option for promising young professionals. Identify the phrase that represents the vision she developed for Teach for America.
A. to cut wasteful spending from education budgets B. to give all children in the United States the opportunity to attain an excellent education. C. to encourage parents to take a more active role in their children's education D. to improve standardized test scores across the board
Mrs. Fuente, who has a 37% marginal tax rate on ordinary income, is the sole shareholder and CEO of Furey Inc. She also holds a $1 million interest-bearing note issued by Furey. The corporation's current-year financial records show the following: Sales revenue$1,879,000 Mrs. Fuente's salary (160,000)Other operating expenses (414,000)Interest paid on Mrs. Fuente's note (60,000)Dividend distributed to Mrs. Fuente (100,000)Compute Mrs. Fuente's tax on her income from Furey. (Ignore payroll taxes in your calculations.)
A. $101,400 B. $91,200 C. $118,400 D. $64,000
Which of the following documents serves as an informal contract between the project team and the project sponsor?
a. team members' employment contracts b. project charter c. project roadmap d. business case