Refer to the table. Which cell(s) would be designated as the "Forecast cell"?

A) A5
B) B2
C) B3
D) B4
E) B5


E

Business

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The difference between actual variable overhead and budgeted variable overhead based upon actual hours is referred to as the variable overhead spending variance

Indicate whether the statement is true or false

Business

Oval Inc. just paid a dividend equal to $1.50 per share on its common stock, and it expects this dividend to grow by 4 percent per year indefinitely. The firm plans to issue common stock, which has a $16 per share market price, to raise funds to support operations. Oval's investment bankers estimate that the flotation costs for new issues of common stock will be equal to 8 percent of the issue (market) price. What is Oval's cost of new common equity, re?

A. 14.60% B. 13.38% C. 10.60% D. 8.76% E. 18.55%

Business

Discuss what happens to a corporation after dissolution and what protection is afforded creditors of the corporation

Business

Jet, Inc., has net sales of $712,478 and accounts receivables of $167,435. What are the firm's accounts receivables turnover and days' sales outstanding?

A) 0.24 times; 78.5 days B) 4.26 times; 85.7 days C) 5.2 times; 61.3 days D) None of the above

Business