Following is the information listed below for Carter State Bank. What is the bank's ROA?
A. 8.46 percent
B. 16.03 percent
C. 15.71 percent
D. 1.36 percent
E. None of the options is correct
D. 1.36 percent
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"I'm sure things will get better" is an example of this type of response
A) evaluating B) paraphrasing C) interpreting D) supporting
If the output rate for a given level of capacity is less than the optimum level, then ______.
A. increasing the output level reduces economies of scale B. increasing the output level increases economies of scale C. decreasing the output level increases economies of scale D. decreasing the output level maintains economies of scale
Adelberg Corporation makes two products: Product A and Product B. Annual production and sales are 500 units of Product A and 1,000 units of Product B. The company has traditionally used direct labor-hours as the basis for applying all manufacturing overhead to products. Product A requires 0.4 direct labor-hours per unit and Product B requires 0.2 direct labor-hours per unit. The total estimated overhead for next period is $68,756. The company is considering switching to an activity-based costing system for the purpose of computing unit product costs for external reports. The new activity-based costing system would have three overhead activity cost pools--Activity 1, Activity 2, and General Factory--with estimated overhead costs and expected activity as follows: Expected
ActivityActivity Cost PoolEstimated Overhead CostsProduct AProduct BTotalActivity 1$31,0311,0003001,300Activity 2$22,2491,6003001,900General Factory$15,476200200400Total$68,756 (Note: The General Factory activity cost pool's costs are allocated on the basis of direct labor-hours.) The overhead cost per unit of Product B under the traditional costing system is closest to: A. $2.34 B. $7.74 C. $34.38 D. $4.77
An Internet consulting company uses its website to allow its corporate clients to obtain information, analyze data, and ask questions. This consulting company is using a ____ model.
A. B2C B. C2C C. B2B D. C2B E. consulting