Trading securities are always short-term investments
Indicate whether the statement is true or false
True
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Which of the following could cause return on assets to decline when net profit margin is increasing?
a. Sale of investments at year-end b. Increased turnover of operating assets c. Decline in book value d. A stock split e. Purchase of a new building at year-end
Which of the following is an equation to determine the break-even point (BEP) in units?
A) BEP = fixed cost / selling price per unit - variable cost per unit) B) BEP = fixed cost / (selling price per unit - variable cost per unit) C) BEP = variable cost / (selling price per unit - fixed cost) D) BEP = variable cost / (fixed cost - selling price per unit) E) BEP = fixed cost / (selling price per unit + variable cost per unit)
The brew master at Appalachian Ale has asked you to help choose between two alternatives for a plant expansion
The first choice is a new brew system that costs $180,000 with annual maintenance costs of $17,000, an expected life of 15 years and a required rate of return of 12%. the alternative brew system costs only $98,000, requires $9,000 per year in maintenance, will last only 9 years and has a required return of 10%. Calculate the equivalent annual cost of each system. Based on your results only, which system would you recommend?
If an employee has more than one employer during the year, all employers must withhold federal income taxes but only one employer must withhold FICA tax.
Answer the following statement true (T) or false (F)