Estimates of the rate of return on a security based on a historical arithmetic average will probably tend to _____ the expected return for the long-term while estimates using the historical geometric average will probably tend to _____ the expected return for the short-term.
A. overestimate; overestimate
B. overestimate; underestimate
C. underestimate; overestimate
D. underestimate; underestimate
E. accurately; accurately
Ans: A. overestimate; overestimate
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The management of Bonga Corporation is considering dropping product D74F. Data from the company's accounting system for this product for last year appear below:Sales$830,000Variable expenses$390,000Fixed manufacturing expenses$266,000Fixed selling and administrative expenses$232,000All fixed expenses of the company are fully allocated to products in the company's accounting system. Further investigation has revealed that $111,000 of the fixed manufacturing expenses and $103,000 of the fixed selling and administrative expenses are avoidable if product D74F is discontinued. According to the company's accounting system, what is the net operating income earned by product D74F? Include all costs in this calculation-whether relevant or not.
A. $58,000 B. ($58,000) C. ($440,000) D. $440,000
In the strategic planning process, what is the fourth stage in the process?
a. implementing and controlling strategies b. developing the mission c. developing strategies d. analyzing the environment
An accelerated depreciation method yields larger depreciation expense in the early years of an asset's life and less depreciation expense in later years.
Answer the following statement true (T) or false (F)
Most wage and salary systems establish pay ranges for jobs based on the relative worth of the job to an organization.
Answer the following statement true (T) or false (F)