Cost accounting systems are used ________.

A) to accumulate product cost information
B) to accumulate and assign period costs to products
C) by manufacturing companies, not service companies
D) by stockholders for decision-making purposes


A) to accumulate product cost information

Business

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Refer to the following selected financial information from Gomez Electronics. Compute the company's debt-to-equity ratio for Year 2. Year 2Year 1Net sales$478,500 $426,250 Cost of goods sold 276,300  250,120 Interest expense 9,700  10,700 Net income before tax 67,250  52,680 Net income after tax 46,050  39,900 Total assets 317,100  288,000 Total liabilities 181,400  167,300 Total equity 135,700  120,700 

A. 2.63. B. 1.34. C. 1.75. D. 0.75. E. 2.34.

Business

Kinder's Deli has been in business for three generations.  A place was found for every Kinder child to work in the shop.  The name Kinder meant fine deli meats.  This family's commitment is based on:

A. family control. B. identification with the firm. C. binding social ties. D. emotional attachment. E. renewal of family bonds.

Business

A moving photon's ____________________ can be harnessed to perform computational work

Fill in the blank(s) with correct word

Business

Which of the following does NOT apply to intellectual property law?

A) patents B) trademarks C) copyrights D) trade secrets E) negotiable instruments

Business