The term structure of interest rates describes how interest rates move over time
Indicate whether the statement is true or false
FALSE
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In India, only about 10% of men who shave use Gillette razors. Worldwide, 50% of male shavers use Gillette products. To achieve greater penetration in India, Gillette rolled out a no-frills brand that costs 15 rupee ---- about 34 cents
The Gillette Guard has a lighter handle that is cheaper to produce. It also lacks the lubrication strip found in Gillette's more expensive razors, and replacement blades cost only 5 rupees (11 cents). This use of data and process are described as: A) demand pattern analysis. B) income elastic analysis. C) factor analysis. D) market estimation by analogy. E) multidimensional scaling.
Home Decor Company manufactures special metallic materials for luxury homes that require highly skilled labor. Home Decor uses standard costs to prepare its flexible budget. For the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows:
Direct materials: 2 pounds per unit; $3 per pound Direct labor: 4 hours per unit; $14 per hour Home Decor produced 5000 units during the quarter. At the end of the quarter, an examination of the labor costs records showed that the company used 30,000 direct labor hours and actual total direct labor costs were $375,000. What is the direct labor cost variance? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) A) $45,000 Favorable B) $280,000 Favorable C) $280,000 Unfavorable D) $45,000 Unfavorable
The accounting life of intangible assets is determined by:
A) only their legal lives. B) only their useful lives. C) their legal lives or useful lives, whichever is shorter. D) the tax life mandated by the IRS.
Which method of research would be best for researching whether distance learning or traditional classroom instruction is more effective for your company's employees?
a. Observational study b. Normative survey c. Experimental research d. Secondary research