A company's net sales are $775,420, its costs of goods sold are $413,890, and its net income is $117,220. Its gross margin ratio equals:
A. 46.6%.
B. 40.5%.
C. 28.3%.
D. 53.4%.
E. 31.5%.
Answer: A
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McAloo Tikka potato burger offered in India is an example of standardization
Indicate whether the statement is true or false
At the beginning of the month, the Forming Department of Martin Manufacturing had 10,000 units in inventory, 30% complete as to materials, and 10% complete as to conversion. During the month the department started 60,000 units and transferred 62,000 units to the next manufacturing department. At the end of the month, the department had 8,000 units in inventory, 80% complete as to materials and 60% complete as to conversion. If Martin Manufacturing uses the weighted average method of process costing, compute the equivalent units for materials and conversion respectively for the Forming Department.
A. 65,400 materials; 66,800 conversion. B. 68,400 materials; 66,800 conversion. C. 58,400 materials; 56,800 conversion. D. 65,400 materials; 65,800 conversion. E. 59,000 materials; 61,000 conversion.
The Change Advisory Board (CAB) supports the assessment, prioritization, authorization, and scheduling of changes.
Answer the following statement true (T) or false (F)
________ is the process of evaluating and selecting long-term investments that are consistent with a firm's goal of maximizing owners' wealth
A) Recapitalizing assets B) Capital budgeting C) Ratio analysis D) Securitization