The times-interest-earned ratios of four companies are given below
Forge Corp 8.9
Fellow, Inc 9.2
Stacy Corp 6.7
Bennett, Inc 13.5
Which of the above companies has the highest debt-paying ability?
A) Forge Corp.
B) Fellow, Inc.
C) Stacy Corp.
D) Bennett, Inc.
D) Bennett, Inc.
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Identify the correct statement about coupons
A) They are used for product-oriented promotion. B) Coupons delivered in the old-fashioned way have much higher redemption rate than virtual coupons. C) They are ineffective in targeting price-sensitive households. D) The largest distribution channel for coupons is by far free-standing inserts (FSIs).
Misdemeanors are considered a subcategory of petty crimes
Indicate whether the statement is true or false
Kurtulus Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 600 Materials costs$7,000 Conversion costs$2,300 Percent complete with respect to materials 55%Percent complete with respect to conversion 25%Units started into production during the month 6,500 Units transferred to the next department during the month 5,700 Materials costs added during the month$110,100 Conversion costs added during the month$83,200 Ending work in process inventory: Units in ending work in process inventory 1,400 Percent complete with respect to materials 70%Percent complete with
respect to conversion 55% The cost of ending work in process inventory in the first processing department according to the company's cost system is closest to: A. $27,355 B. $30,130 C. $23,674 D. $43,043
Mustang Corporation reports the following for the month of April: Finished goods inventory, April 1$30,600? Finished goods inventory, April 30 25,000? Total cost of goods manufactured 116,400? The cost of goods sold for April is:
A. $122,000. B. $60,800. C. $171,200. D. $147,000. E. $110,800.