The internal rate of return method assumes that the cash flows generated by the project are immediately reinvested elsewhere at a rate of return that equals the company's cost of capital.
Answer the following statement true (T) or false (F)
False
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The Tidle Manufacturing Company uses a job order cost system. Factory wages are paid on a straight hourly basis with indirect labor getting $8.50 an hour and direct labor getting $10.00 an hour. During the week of January 7, the following hours were worked: Direct Indirect Cutting Department 2,200 250 Splicing Department 2,400 200 Sanding Department 1,850 125 Joining Department 4,250 325 Salaries
and wages are paid weekly, with administrative salaries totaling $16,500 and salesperson's salaries totaling $12,200. The following deductions are to be considered: FICA tax 8.0% Federal income tax 12.0% State income tax 2.0% Federal unemployment tax 1.0% State unemployment tax 5.0% Prepare journal entries to record: a. The payroll. b. The payment of the payroll. c. The payroll distribution. d. The employer's payroll tax expense.
Total revenue minus total cost equals ________
Fill in the blank with correct word.
Organizations examine a number of characteristics to determine whether an individual is suitable for overseas work. The following are all examples of characteristics examined EXCEPT
A. If the candidate has knowledge of a host nation's language. B. If the candidate has work experience with cultures other than one's own. C. If the candidate is in the position to move if necessary. D. If the candidate is in good physical and emotional health. E. If the candidate has previous overseas travel.
Which of the following persons is (are) insured under the uninsured motorists coverage of the PAP?
I. A pedestrian struck by a covered auto if he or she has no insurance to pay medical expenses II. The spouse of a named insured who is killed by an uninsured motorist A) I only B) II only C) both I and II D) neither I nor II