Classify each of the following as either a one-time or recurring costs: training personnel initial programming and testing system design-one hardware costs software maintenance costs site preparation rent for facilities data conversion from old system to new system insurance costs installation of original equipment hardware upgrades
training personnel-one-time
initial programming and testing-one-time
system design-one-time
hardware costs-one-time
software maintenance costs-recurring
site preparation-one-time
rent for facilities-recurring
data conversion from old system to new system-one-time
insurance costs-recurring
installation of original equipment-one-time
hardware upgrades-recurring
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Each unit of a product is sold at $5. The cost per unit is $2. What is the percent margin for the product?
A) 60% B) 40% C) 66.6% D) 16.3% E) 33.3%
Glossimer Thread Company is evaluating an investment that will cost $760,000 and will yield cash inflows of $255,000 in the first year, $325,000 in the second year, and $380,000 in the third and the final year. Use the table below and determine the internal rate of return.
A) between 10% and 11%
B) less than 11%
C) less than 10%, more than 11%
D) more than 11%
In Year 2, ABC Corp acquired a 15% interest in XYZ, Inc, for $50,000 . During the year, XYZ paid dividends of $10,000 and had net income of $30,000 . ABC sold the shares of XYZ for $65,000 cash. What entry will ABC make to record the sale?
a. Cash 65,000 Gain on Sale 12,000 Investment in XYZ 53,000 b. Cash 65,000 Gain on Sale 9,000 Investment in XYZ 56,000 c. Cash 65,000 Additional Paid-in Capital 15,000 Investment in XYZ 50,000 d. Cash 65,000 Gain on Sale 15,000 Investment in XYZ 50,000 e. Cash 65,000 Treasury Stock 15,000 Investment in XYZ 50,000
The management of a line that fills cereal boxes wants the box filled at 32.2 ounces. When the process is in control, the standard deviation is .1 ounces
a. Construct the upper and lower control limits for a 3-sigma x-bar chart using a sample size of five. b. The results from the last 10 samples follow. Is the process in control?