To help assess how well a manager has controlled costs, actual costs should be compared to what the costs should have been for the actual level of activity.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Budgets identify, gather, summarize, and communicate
A) financial data only. B) financial and nonfinancial data. C) nonfinancial data only. D) None of these answer choice are correct.
Receivables turnover ratio measures:
A) a company's ability to collect its accounts receivables. B) a comparison of allowance account to receivables. C) the fair market value of accounts receivable. D) the efficiency of the accounts payable function.
A recommended way of demonstrating positive interpersonal skills through social networking is to
A) avoid embarrassing people by complimenting them on social networking sites. B) post well-deserved criticisms of your employer. C) substitute online contact for almost all face-to-face contact. D) establish meaningful contact with coworkers far and wide.
Conglomicorp Inc has 10.5 million shares of stock outstanding with a book value of $25 per share and a market value of $93 per share. The firm also has $40 million in retained earnings and a required rate of return of 8%
What is the current market capitalization for the firm? A) $904,166,667 B) $976,500,000 C) $1,097,820,000 D) $1,016,500,000