Which of the following does not influence a bond's yield to maturity?
A) Call risk
B) Interest rate risk
C) Firm's risk
D) Historic yields to maturity
Answer: D
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For industrial purchases the purchasing cycle can last for several years
Indicate whether the statement is true or false
Which of the following is not true of artificial variables?
A) They have no meaning in a physical sense-nothing more than a computational tool. B) In all linear programs, they appear in the objective function with a very low cost ($M). C) They are usually used with ? constraints. D) They are usually used with = constraints. E) None of the above
If a project is acceptable using the net present value criteria, then it will also be acceptable under
the less stringent criteria of the payback period. Indicate whether the statement is true or false
Figures Incorporated makes a single product-an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Budgeted variable manufacturing overhead$66,570 Budgeted hours 21,000labor-hoursStandard hours allowed for the actual production 18,000labor-hoursActual variable manufacturing overhead$56,736 Actual hours 19,700labor-hours?The variable overhead efficiency variance is:
A. $5,389 F B. $5,389 U C. $4,896 U D. $4,896 F