Actions by which of the following would fall under the National Environmental Policy Act (NEPA)?
A. Joe Jackson, a private citizen.
B. New York's Department of Transportation.
C. Food and Drug Administration.
D. Colorful Paint Company, a business.
Answer: C
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Provide specific examples of why accurate product or service costing information is important for internal purposes
Marks Corporation has two operating departments, Drilling and Grinding, and an office. The three categories of office expenses are allocated to the two departments using different allocation bases. The following information is available for the current period:Office ExpensesTotal Allocation BasisSalaries$30,000 Number of employeesDepreciation 20,000 Cost of goods soldAdvertising 40,000 Net sales ItemDrilling Grinding TotalNumber of employees 1,000 1,500 2,500 Net sales$325,000 $475,000 $800,000 Cost of goods sold$75,000 $125,000 $200,000 The amount of depreciation that should be allocated to Grinding for the current period is:
A. $7,500. B. $40,000. C. $20,000. D. $25,000. E. $12,500.
You purchased 3,000,000 Indian rupees in London at an exchange rate of 54.86 to the dollar and
simultaneously sold the rupees in Bahrain at an exchange rate of 55.12 to the dollar. What is the name for such a transaction? A) trend trading B) exchange rate hedging C) arbitrage D) currency swapping
The cost of equity is greater than the cost of debt and increases with increasing financial leverage, but generally less rapidly than the cost of debt
Indicate whether the statement is true or false