In using the variable cost concept of applying the cost-plus approach to product pricing, what is included in the markup?

A) Total costs plus desired profit
B) Desired profit
C) Total selling and administrative expenses plus desired profit
D) Total fixed manufacturing costs, total fixed selling and administrative expenses, and desired profit


D

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Arco Corporation declared a cash dividend on June 2 of $6 per common share. The company has 2,000 shares of common stock authorized, 1,000 shares issued, and 200 in the treasury. The entry to record the declaration of the cash dividend increases

a. a liability. b. an asset. c. an expense. d. a stockholders' equity account.

Business

Consider the following diagram. Which of the following best describes how the relationship between Sales Orders and Cash Receipts will be implemented in the resulting database?

A. The Cash Receipt Amount field will be included as a foreign key in the Cash Receipts table. B. The Sales Order ID will be included as a foreign key in the Cash Receipts table. C. A new table will be created that contains both Sales Order ID and Cash Receipt ID as its composite primary key. D. The Cash Receipt ID will be included as a foreign key in the Sales Orders table.

Business

A random sample of respondents would be distributed randomly, half to the experimental group and half to the control group

A pretest questionnaire would be administered to the respondents in both groups to obtain a measurement on attitudes toward Pepsi advertising, brand, and celebrity; only the respondents in the experimental group would be exposed to the TV program containing the Pepsi commercial. Then, a questionnaire would be administered to respondents in both groups to obtain posttest measures on attitudes toward Pepsi advertising, brand, and celebrity. Which of the following experimental design best represents the above scenario? A) one-shot case study B) one-group pretest-posttest design C) posttest-only control group design D) static group design E) pretest-posttest control group design

Business

A purchase of merchandise for $100 with a trade discount of 5% would require a debit to purchases of:

a. $100. b. $105. c. $95. d. none of the above.

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