Refers to the instruction above. What are total costs to buy an annual quantity of 40,000 units?
A) $400,000
B) $500,000
C) $800,000
D) $850,000
C
You might also like to view...
When consumers examine products, they often compare an observed price to an internal price they remember. This is known as a(n) ________ price
A) markup B) reference C) market-skimming D) accumulated E) target
When posting entries from a purchases journal to the general ledger, ________.
A) posting references are not shown in the subsidiary ledger B) the Accounts Payable balance in the general ledger will be less than the sum of the individual vendor balances in the subsidiary ledger C) the amounts in the Other Accounts DR column are posted individually to the specific accounts D) entries are posted on a daily basis for all the accounts
Answer the following statement(s) true (T) or false (F)
Licensing agreements can involve patents, trademarks, and technical know-how.
Saffron Industries most recent balance sheet reports total assets of $42,000,000, total liabilities of $16,000,000 and stockholders' equity of $26,000,000. Management is considering using $3,000,000 of excess cash to prepay $3,000,000 of outstanding bonds. What effect, if any, would prepaying the bonds have on the company's debt-to-equity ratio?
A. Prepaying the debt would cause the firm's debt-to-equity ratio to improve from .62 to .50. B. Prepaying the debt would cause the firm's debt-to-equity ratio to worsen from .62 to .50. C. Prepaying the debt would cause the firm's debt-to-equity ratio to worsen from .62 to .57. D. Prepaying the debt would cause the firm's debt-to-equity ratio to improve from .62 to .57. E. Prepaying the debt would cause the firm's debt-to-equity ratio to remain unchanged.