Which of the following are intangible assets?
a. assets you cannot touch or access
b. a plug amount received to balance the books
c. patents, software programs, copyrights, trademarks, and/or brand names
d. property, plant, and equipment
c. patents, software programs, copyrights, trademarks, and/or brand names
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Suppose you are an investor with a choice between three securities that are identical in every way except in terms of their rates of return and risk. Which security has the least risk? Note: You can answer this question intuitively, without calculating the standard deviation. However, if you want to calculate the standard deviation, the equation is:
Standard deviation = S = 
. Investment A:total return = 10 percent with probability 50 percent total return = 20 percent with probability 50 percent Investment B:total return = 12 percent with probability 50 percent total return = 20 percent with probability 50 percent Investment C:total return = 5 percent with probability 60 percent total return = 25 percent with probability 40 percent Investment D:total return = 5 percent with probability 60 percent total return = 7 percent with probability 40 percent
A. Investment A
B. Investment B
C. Investment C
D. Investment D
[The following information applies to the questions displayed below.] Scavenger Company, a manufacturer of recycling bins, began operations on January 1 of the current year. During this time, the company produced 60,000 units and sold 55,000 units at a sales price of $15 per unit. Cost information for this year is shown in the following table:Production costs Direct materials$2.50per unitDirect labor$3.00per unitVariable overhead$0.75per unitFixed overhead$240,000in totalNon-production costs Variable selling and administrative$10,000in totalFixed selling and administrative$50,000in totalGiven the Scavenger Company data, what is net income using absorption costing?
A. $181,250 B. $150,000 C. $276,250 D. $201,250 E. $177,600
Marketing only applies to profit organizations.
Answer the following statement true (T) or false (F)
An asset-backed security has been credit enhanced with a letter of credit from a bank with a single A credit rating
If this is the only form of credit enhancement, explain whether this issue can be assigned a triple A credit rating at the time of issuance.