The portion of factory overhead related to products sold is transferred from the finished goods inventory account to the cost of goods sold account
Indicate whether the statement is true or false
T
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Fabbri Wares is a division of a major corporation. The following data are for the latest year of operations: Sales$9,540,000 Net operating income$1,163,880 Average operating assets$3,000,000 The company's minimum required rate of return 14%Required:a. What is the division's return on investment (ROI)?b. What is the division's residual income?
What will be an ideal response?
A delegation of legislative authority is constitutional if Congress establishes the
nation's fundamental legislative policy and leaves only "gap filling" to the agency. a. True b. False
Identify the noun in this sentence: She found the website
a. found b. She c. website
Underlying any economic environment is technology that affects
A. how fast consumer attitudes change. B. how the economy's resources are converted to output. C. how aggressive competitors are in planning new marketing strategies. D. how competitors react to each other. E. how quickly technological developments lead to new consumer protection laws.