________ is/are the rate at which money can be borrowed

A) Cost of capital
B) Present value
C) Fixed costs
D) Time value of money


A

Business

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?If the interest accumulated on a principal amount of $5,000 at the end of a year is $400, the annual rate of interest must be

A. ?4%. B. ?6%. C. ?8%. D. 20%.

Business

An activity-based costing system is developed in four steps

a. Compute the predetermined overhead allocation rate for each activity. b. Identify activities and estimate their total costs. c. Identify the cost driver for each activity and then estimate the quantity of each driver's allocation base. d. Allocate the indirect costs to the cost object. Which of the following is the correct order for performing these steps? A) a, b, c, d B) c, a, b, d C) b, c, a, d D) b, a, c, d

Business

Other things equal, if a firm increases its dividend payout ratio, its discretionary financing needed

will also increase. Indicate whether the statement is true or false

Business

Answer the following statement(s) true (T) or false (F)

The actual need for systematic planning will vary with the nature, size, and structure of the business.

Business