The travel time for a college student traveling between her home and her college is uniformly distributed between 40 and 90 minutes. What is the random variable in this experiment?
a. Uniform distribution
b. 40 minutes
c. 90 minutes
d. Travel time
d
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Recent research reports that European Union (EU) workers see a strong relationship between how well they do their jobs and the ability to get what they want out of life.
Answer the following statement true (T) or false (F)
Plantier Incorporated makes a single product--a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. The budgeted fixed manufacturing overhead for the year was $136,950 and the budgeted hours were 27,500 machine-hours. Data concerning the actual results for the most recent year appear below:?Applying Overhead:???Actual production (a)27,000units?Standard hours per unit (b)1.10machine-hours?Standard hours allowed for the actual production (a) × (b)29,700machine-hours?????Actual fixed manufacturing overhead$154,950??Actual hours28,300machine-hoursRequired:a. Determine the fixed overhead budget variance for
the year.b. Determine the fixed overhead volume variance for the year. What will be an ideal response?
Skinner Butte, Inc. had the following information: Net income$40,000 Depreciation 6,000 Increase in accounts receivable 2,000 Decrease in prepaid rent (800) Increase in accrued liabilities 1,800 Cash paid to purchase office equipment 8,000 What is Skinner Butte's net cash provided by operating activities?
A. $46,600 B. $35,000 C. $37,000 D. $43,000
Modigliani and Miller suggest that the value of a firm is not affected by the firm's dividend policy, due to ________.
A) the relevance of dividends B) the clientele effect C) the informational content D) the optimal capital structure