The par value of a corporate bond indicates the level of interest payments that will be paid to investors
Indicate whether this statement is true or false.
Answer: FALSE
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. Discuss different types of reflection and explain how the skill of reflection relates to the other entrepreneurial skills.
What will be an ideal response?
Stoke Corporation has two production departments, Forming and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department's predetermined overhead rate is based on machine-hours and the Assembly Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: FormingAssemblyMachine-hours 20,000 15,000Direct labor-hours 2,000 7,000Total fixed manufacturing overhead cost$138,000$58,100Variable manufacturing overhead per machine-hour$2.30 Variable manufacturing overhead per direct labor-hour $3.00 During the current month the company started and finished Job A460. The following data were recorded
for this job: Job A460:FormingAssemblyMachine-hours 80 10Direct labor-hours 30 50The amount of overhead applied in the Assembly Department to Job A460 is closest to: A. $79,100.00 B. $565.00 C. $150.00 D. $415.00
Small firms are at an advantage when competing on price.
Answer the following statement true (T) or false (F)
If you have liquid assets of $20,000 and current liabilities of $10,000, then you
A) have a current liquidity ratio of 2. B) are in poor financial shape with a liquidity ratio of 0.5. C) may have trouble paying your bills depending on their due dates. D) are over-extended by $10,000.