Variances indicate

A) that actual performance is not going according to plan.
B) the cause of the variance.
C) who is responsible for the variance.
D) when the variance should be investigated.
E) none of these.


A

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Legislation and social policy stem from a value system that is shared by a people and thus represent their collective wish to enforce these values. This is especially true in what type of country?

a. Undeveloped b. Developing c. Conservative d. Democratic

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Meals on Wings Inc, which supplies prepared meals for corporate aircraft, needs to purchase new broilers

The new broilers would replace broilers purchased 10 years ago for $105,000, which are being depreciated on a straight-line basis to a zero salvage value (15-year depreciable life). The old broilers can be sold today for $63,000. The new broilers will cost $202,000, installed (not counting funds already spent), and will be depreciated using straight-line depreciation over their 5-year life. They will be sold at their book value at the end of the 5th year. The firm expects to increase its revenues by $27,000 per year if the new broilers are purchased, but cash expenses will also increase by $3,000 per year. Annual interest expense will be $2,000, and net working capital will increase by $5,000. The new broilers will occupy space currently leased to another firm for $530 per month, and $5,000 has already been spent preparing the building for new broilers. The firm's tax rate is 40%. What is the NPV for the proposed acquisition if the cost of capital is 10%? Round your answers to the nearest dollar. A) -$61,329 B) -$53,605 C) -$49,968 D) -$46,863 E) -$44,968

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______ is the act of duplicating the operation of a real-world process or system over time.

A. Duplication B. Simulation C. Programming D. Modeling

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The Civil Rights Acts of 1866 and 1870 have been repealed and can no longer be used as a basis for discrimination suits

Indicate whether the statement is true or false

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