Wealth maximization as the goal of a firm implies enhancing the wealth of ________
A) the auditors
B) the creditors
C) the federal reserve
D) the firm's stockholders
D
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If a company carries safety stock and its annual carrying costs per unit are $0.30, what formula yields the total annual carrying costs?
a. $0.30 ? [(EOQ/2) + Safety stock)] b. $0.30 ? (EOQ + Safety stock) c. $0.30 ? [(EOQ ? 2) + Safety stock)] d. $0.30 ? (EOQ - Safety stock)
The optimal solution to a linear programming model that has been solved using the graphical approach:
A) is typically located at the origin. B) must be below and on the left side of all constraint lines. C) must be above and the right of all constraint lines. D) is typically at some corner of the feasible region.
What is the name of the web-related service that focuses on creativity, collaboration, and sharing?
a. Facebook b. Web 2.0 c. cloud computing d. Twitter
Cashen Co. paid $2,400,000 to acquire all of the common stock of Janex Corp. on January 1, 2017. Janex's reported earnings for 2017 totaled $432,000, and it paid $120,000 in dividends during the year. The amortization of allocations related to the investment was $24,000. Cashen's net income, not including the investment, was $3,180,000, and it paid dividends of $900,000.On the consolidated financial statements for 2017, what amount should have been shown for Equity in Subsidiary Earnings?
A. $288,000. B. $-0- C. $432,000. D. $408,000. E. $120,000.