Which of the following would NOT be included in the cost of work in process inventory?
a. Cost of electricity to operate factory equipment
b. Maintenance costs of factory equipment
c. Depreciation on office equipment in the sales manager's office
d. Depreciation on factory equipment
C
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Which of the following regarding the weighted-average cost of capital is true?
a. The tax effect of preferred stock dividends should be included in the calculation of weighted-average cost of capital. b. The tax effect of common stock dividends should be included in the calculation of weighted-average cost of capital. c. The tax effect of debt should be included in the calculation of the weighted-average cost of capital. d. Taxes do not affect the weighted-average cost of capital.
All products have some identification and are therefore potential brands.
a. True b. False
An offer is revoked when the
a. withdrawal is sent to the post office. b. withdrawal is communicated and received by the offeree. c. offeree dies after acceptance of the offer. d. offeror dies after acceptance of the offer.
Stu makes an offer to Tina to enter into a contract. Tina accepts the offer. A valid contract requires
A. an offer only. B. an acceptance only. C. an offer and an acceptance. D. neither an offer nor an acceptance.