Which of the following is an application of the principle of systematic and rational allocation?
a. Sales commissions
b. Office salaries
c. Telephone expense
d. Depreciation expense
D
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You should avoid using headings that are smaller than
A) 12-point type. B) 16-point type. C) 14-point type. D) 18-point type.
A firm is considering adding a second secretary to answer phone calls and make appointments. The cost of the secretary will be $10/hour and she will work 200 hours each month
If each new client adds $400 of profit to the firm, how many clients must the secretary arrange for the firm to break even?
The amount in excess of par value that a company must pay when it repurchases a security is known as the _____.?
A. call premium? B. ?preemptive price C. ?cumulative dividend D. ?participating dividend E. ?growth stock
Which of the following is NOT a relevant cash flow and thus should NOT be reflected in the analysis of a capital budgeting project?
A. Changes in net operating working capital. B. Shipping and installation costs for machinery acquired. C. Cannibalization effects. D. Opportunity costs. E. Sunk costs that have been expensed for tax purposes.