Trading investments include ________
A) debt and equity securities that the investor expects to hold longer than one year or debt or equity securities that are not readily marketable
B) investments in debt and equity securities that are highly illiquid and that the investor intends to hold until they mature
C) investments in debt securities that the investor intends to hold until they mature
D) equity securities in which the investor holds less than 20 percent of the voting stock and that the investor plans to sell in the very near future
D
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Social identity theory would suggest leadership emergence occurs when ______.
A. the group identifies with the leader B. an individual acquires the skills to do the job well C. the group assigns an individual the role of leader D. an individual becomes most like the group prototype
Surnames are difficult to protect as brand names.
Answer the following statement true (T) or false (F)
Briar Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in cash flow of $200,000. The equipment will have an initial cost of $1,200,000 and have an 8-year life. The salvage value of the equipment is estimated to be $200,000. The hurdle rate is 8%. Ignore income taxes. Answer the following:a. What is the accounting rate of return?b. What is the payback period?c. What is the net present value?d. What would the net present value be with a 12% hurdle rate?e. Based on the NPV calculations, in what range would the equipment's internal rate of return fall?
What will be an ideal response?
Freiling Corporation manufactures one product. It does not maintain any beginning or ending Work in Process inventories. The company uses a standard cost system in which inventories are recorded at their standard costs. There is no variable manufacturing overhead. The standard cost card for the company's only product is as follows:InputsStandard Quantityor HoursStandard Price or RateStandard CostDirect materials3.1kilos$6.00per kilo$18.60Direct labor0.90hours$22.00per hour 19.80Fixed manufacturing overhead0.90hours$9.50per hour 8.55Total standard cost per unit $46.95During the year, the company assigned direct labor costs to work in process. The direct labor workers (who were paid in cash) worked 14,890 hours at an average cost of $22.80 per hour.Assume that all transactions
are recorded on the below worksheet, which is similar to the worksheet shown in your text except that it has been divided into two parts so that it fits on one page. The beginning balances in each of the accounts have been given. PP&E (net) stands for Property, Plant, and Equipment net of depreciation.?CashRaw MaterialsWork in ProcessFinished GoodsPP&E (net)?1/1$1,090,000$53,940$0$79,815$600,000=?Materials Price VarianceMaterials Quantity VarianceLabor Rate VarianceLabor Efficiency VarianceFOH Budget VarianceFOH Volume VarianceRetained Earnings1/1$0$0$0$0$0$0$1,823,755When recording the direct labor costs, the Work in Process inventory account will increase (decrease) by: A. ($318,780) B. $318,780 C. $339,492 D. ($339,492)