Wes breached a contract he had with Blake. In addition to other remedies available, Blake may be able to recover commercially reasonable expenses incurred as a result of the breach. These expenses are:
A) incidental damages.
B) punitive damages.
C) liquidated damages.
D) extraordinary damages.
A
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A firm computes ROA, profit margin for ROA, and total assets turnover for each segment using the segment disclosures. The amounts for these ratios computed at a segment level differ from those at a corporate level for which of the following reason(s)?
a. The numerator of ROA at a firm-wide level includes all revenues and expenses except interest expense net of taxes, whereas the numerator of ROA using the segment data includes operating revenues and expenses only. b. The denominator of ROA at a firm-wide level is the average of assets at the beginning and end of the year, whereas total assets at the end of the year are used in computing segment ROAs. c. The denominator of ROA at a firm-wide level is the total assets at the end of the year, whereas the average of assets at the beginning and end of the year, are used in computing segment ROAs. d. choices a and b e. choices a and c
Which of the following is the correct formula for calculating raw materials inventory turnover for a manufacturer?
A. Raw materials used/Beginning raw materials inventory × 365. B. Raw materials purchased/Average raw materials inventory. C. Raw materials used/Average raw materials inventory. D. Ending raw materials/Raw materials used × 365. E. Average raw materials inventory/Raw materials used.
Data transfer and file formats are common uses for:
A) XML B) SQL C) Databases D) Management Information Systems
An investor bought a 6 ¾% bond at 74 . The bond would mature in 13 years. Compute the rate of yield to maturity. (Do not consider commission. Round answer to two decimal places.)