If the correlation between sales and profit is .7, what percentage of variance in sales is unshared with variance in profit?
a. 70%
b. 30%
c. 49%
d. 51%
d. 51%
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In comparing the isolated store to the unplanned business district and planned shopping center, the major disadvantage of the isolated store is _____
a. high rents b. the absence of flexibility in store operations c. the absence of affinities d. lack of convenience in planning
Pleasant Hills Properties is developing a golf course subdivision that includes 250 home lots; 100 lots are golf course lots and will sell for $95,000 each; 150 are street frontage lots and will sell for $65,000. The developer acquired the land for $1,800,000 and spent another $1,400,000 on street and utilities improvement. Compute the amount of joint cost to be allocated to the street frontage lots using value basis. (Round your intermediate percentages to 2 decimal places.)
A. $1,620,800. B. $720,000. C. $1,080,000. D. $1,920,000. E. $1,579,200.
Which of the following statements is CORRECT?
A. The internal rate of return method (IRR) is generally regarded by academics as being the best single method for evaluating capital budgeting projects. B. The payback method is generally regarded by academics as being the best single method for evaluating capital budgeting projects. C. The discounted payback method is generally regarded by academics as being the best single method for evaluating capital budgeting projects. D. The net present value method (NPV) is generally regarded by academics as being the best single method for evaluating capital budgeting projects. E. The modified internal rate of return method (MIRR) is generally regarded by academics as being the best single method for evaluating capital budgeting projects.
What are some of the areas where the board determines corporation policy?
A) Selecting and removing officers B) Setting management compensation C) Initiating fundamental changes and declaring dividends D) All of these.