It is necessary to report both the cost and the accumulated depreciation of plant assets in the financial statements.
Answer the following statement true (T) or false (F)
True
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It is unethical, and considered a form of manipulation, to classify a cash flow as an investing or financing activity, when it really is an operating activity
Indicate whether the statement is true or false
For a maximization problem, the shadow price measures the ________ in the value of the optimal solution, per unit increase for a given ________
A) decrease, resource B) increase, parameter C) improvement, resource D) decrease, parameter
What is benchmarking and how do the two types differ?
What will be an ideal response?
Coats Corp. generates $10,000,000 in sales. Its variable costs equal 85.00% of sales and its fixed costs are $500,000. Therefore, the company's operating income (EBIT) equals $1,000,000. The company estimates that if its sales were to increase 9.5%, its net income and EPS would increase 17.50%. What is the company's interest expense? Donotroundintermediatecalculations.
A. $193,143 B. $176,429 C. $185,714 D. $202,429 E. $163,429