Calculate the present value of a $10,000 perpetuity at a 6 percent discount rate.

What will be an ideal response?


PV = 10,000/0.06 = $166,666.67

Business

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Calculate the cost of goods sold for a merchandiser using the periodic inventory system from the following details.



A) $540,000
B) $529,000
C) $547,000
D) $829,000

Business

Market broadening and market diversification are likely tactics employed in ________ defense strategies

A) position B) flank C) preemptive D) counteroffensive E) mobile

Business

Which of the following formulas is used to calculate the cost per equivalent unit of production (EUP) for direct materials? The weighted-average method is used.

A) Cost per EUP for direct materials = Total conversion costs / Equivalent units of production for direct materials B) Cost per EUP for direct materials = Total direct materials costs / Equivalent units of production for direct materials C) Cost per EUP for direct materials = Total transferred in costs / Equivalent units for transferred in D) Cost per EUP for direct materials = Total direct materials costs / Equivalent units of production for conversion costs

Business

Which of the following is a situation or condition that would make codes of ethics and conduct particularly important?

a. a market crash that sends the company into a rough patch b. a prolonged period of financial success c. the hiring of a new CEO with a strong reputation for ethical leadership d. a period during which no ethical violations have been reported

Business