If a corporation faces a tax rate of 21 percent, the after-tax cost of debt for a 15-year, 12 percent, $1,000 par value bond, selling at $950 is ________.
A) 2.68 percent
B) 12.76 percent
C) 10.08 percent
D) 5.11 percent
C) 10.08 percent
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The term _____ refers to the sequence of activities involved in producing a product or service.
A. resource planning B. activity chain C. warehousing D. supply chain
Which statement is correct if the null hypothesis for a one-way ANOVA is rejected?
A) The effect of the independent variable is significant. B) The mean value of the dependent variable will be the same for different categories of the independent variable. C) The independent variable does not have a significant effect on the dependent variable. D) Both B and C are correct.
What religious category in the United States increased its percentage of the population by the largest amount between 2007 and 2014?
a. no religion b. Christian c. Muslim d. Jewish
Meow Products Ltd. Meow Products Ltd. produces and sells scratching posts for cats. In the current year, the company had expected to sell 12,000 posts but actually produced and sold 10,000 posts. The following information is available regarding the standard cost to produce a single post: Direct materials: 3 feet @ 1.75 per foot Direct labor: 15 minutes @ $.30 per minute In the current year,
38,000 feet of material were purchased out of which 35,000 feet were used at a cost of $1.55 per foot, and 160,000 direct labor minutes were incurred at a cost of $.32 per minute. Refer to the Meow Products Ltd. information above. The company's direct labor rate variance for the current year is: A) $ 200 F. B) $ 200 U. C) $3,200 F. D) $3,200 U.