Which of the following represents a variable cost in the production of a product or service?
A) rent B) equipment C) labor D) utilities
C
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The first section of the statement of cash flows derives cash flow from _____ activities. The _____ method reports the amounts of cash received from customers less cash disbursed to suppliers, employees, lenders, and taxing authorities
a. operating; direct b. operating; indirect c. investing; direct d. investing; indirect e. financing: direct
The questionnaires used in the GLOBE studies were analyzed to determine whether the groupings of cultures were in fact valid. They found that ______.
A. the clusters shared some categories across the cultures B. the clusters represented are valid and reliable in differentiating cultures of the world C. the clusters represented are not valid or reliable in differentiating cultures of the world D. the clusters did have some differentiation but also shared many categories across cultures
Poe Company is considering the purchase of new equipment costing $80,000. The projected net cash flows are $35,000 for the first two years and $30,000 for years three and four. The revenue is to be received at the end of each year. The machine has a useful life of 4 years and no salvage value. Poe requires a 10% return on its investments. The present value of $1 and present value of an annuity of $1 for different periods is presented below. Compute the net present value of the machine.PeriodsPresent Valueof $1 at 10%Present Value of anAnnuity of $1 at 10%1 0.9091 0.9091 2 0.8264 1.7355 3 0.7514 2.4869 4 0.6830 3.1699
A. $4,896. B. $23,775. C. $(15,731). D. $(4,896). E. $15,731.
Secondary data
A. are rarely available and are expensive. B. may provide some background but never provide the answer. C. can be in the form of online surveys or observations. D. are specifically collected to solve a current problem. E. consist of information that has been collected already.