In 2015, the mobile gaming market was the slowest growing form of online gaming in terms of revenue
Indicate whether the statement is true or false
TRUE
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Which of the following are drawbacks to applying actual overhead to production?
a. A delay occurs in assigning costs to jobs or products. b. Fluctuations in quantities produced during a period could cause varying per-unit charges for fixed overhead. c. Seasonality of overhead costs may cause distortions in job or product costs. d. all answers are correct.
The Wagner Act was passed in_____________ to protect the rights of workers and allow them to organize into unions.
a. 1909 b. 2002 c. 1935 d. 2011
A firm expects to sell 25,000 units of its product at $11 per unit and to incur variable costs per unit of $6. Total fixed costs are $70,000. The pretax net income is:
A. $90,000. B. $125,000. C. $55,000. D. $150,000. E. $380,000.
Explain the significance of the return-on-equity ratio. Who (what category or type of financial statement users) would normally be most interested in this ratio, and why?
What will be an ideal response?