Which of the following correlations would be interpreted a moderate relationship?

a..25
b..35
c..45
d..65


ANS:C

Business

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Wright Inc. issued 20,000 shares of $1 par value common stock for $80,000. The journal entry to record this issuance includes a:

A. Credit to Cash for $80,000. B. Credit to Common Stock for $80,000. C. Credit to Common Stock for $20,000. D. Debit to Additional Paid-In Capital for $60,000.

Business

The NPV and IRR methods, when used to evaluate two independent and equally risky projects, will lead to different accept/reject decisions and thus capital budgets if the projects' IRRs are greater than their cost of capital.

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

Business

Inventory carrying costs include all of the following EXCEPT

A) storage costs. B) the cost of financing the inventory investment. C) the cost of taking trade discounts. D) insurance. E) damage and theft costs.

Business

Free slack is calculated by finding the lowest of the values of total slack for all the activities entering into a specific activity and then

a. adding it from the values of total slack for the other activities also entering into that same activity. b. subtracting it from the values of total slack for the other activities succeeding after that same activity. c. subtracting it from the values of total slack for the other activities also entering into that same activity. d. adding it from the values of total slack for the other activities succeeding after that same activity.

Business