Spreadsheets are financial planning tools that perform mathematical calculations
Indicate whether the statement is true or false
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Which of the following is TRUE for distributor brands?
A) They sell at higher volumes than national brands and are also known as generics. B) They are usually sold at higher prices than national brands because production costs are higher. C) They are always of better quality than national brands as production is strictly monitored. D) They can generate a higher profit margin because of their lower cost structure. E) Advertising costs for distributor brands are much higher than those for national brands.
The computation of the additional shares to be issued on the exercise of stock options assumes that the firm would repurchase common shares on the open market using an amount equal to the sum of all the following except:
a. any cash proceeds from such exercise b. net incremental shares issued c. any unamortized compensation expense on those options d. any tax benefits that would be credited to additional paid-in capital
Lunchco Inc produces picnic tables in a two-step process. Pretreated wood is cut in the Cutting Department and then the lumber is assembled into tables in the Assembly Department. It takes 30 minutes of direct labor time to cut the lumber and the standard hourly labor rate in the Cutting Department is $12 . The tables take one hour to assemble and the standard hourly rate in the Assembly
Department is $10 . If Lunchco's production budget is 20,000 . what is the company's direct labor budget? a. $340,000 b. $320,000 c. $270,000 d. $260,000
Which of the following would most likely be used in a focus group?
A) an fMRI machine to better understand why consumers make the decisions they do B) a one-way mirror that allows a client to observe the group C) a longitudinal design that tracks the responses of members of the group over time D) an experiment that attempts to rule out some explanations for consumer decisions E) a cross-sectional design that collects information from a large number of respondents