Which of the following would be considered a long-term asset?
A) Accounts Payable
B) Land
C) Cash
D) Common Stock
B
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How would customer's NSF checks be dealt with in a bank reconciliation?
a. added to company's book balance b. deducted from company's book balance c. added to bank statement balance d. deducted from bank statement balance
The formula for the variable overhead spending variance can be expressed as follows:
A) (AVOR - SVOR)AH B) (AVOR - SVOR)SH C) (AH - SH)SVOR D) (AH - SH)AVOR E) none of these
McCoy Brothers manufactures and sells two products, A and Z in the ratio of 5:2. Product A sells for $75; Z sells for $95. Variable costs for product A are $35; for Z $40. Fixed costs are $418,500. Compute the break-even point in composite units.
A. 1,550. B. 1,395. C. 3,805. D. 1,350. E. 2,092.
Which of the following is NOT a problem associated with proving the validity of the security market line?
A. The appropriate risk-free and market rates B. The additional return required for each additional increment of risk in the market place C. The stability of beta on an individual security over time D. All of the above are associated problems