Suppose a study gives the following summary: S_xy = 0.85, S_xx = 7.5, S_yy = 6.2. What is the value for the correlation coefficient, r_yx?

The revenue recognition principle does not pertain to long-term contracts, franchises, commodities, and installment sales

a. True b. False Indicate whether the statement is true or false

Determine the April 20xx residual income for an investment center with the following information: Operating income for the month ended April 30, 20xx $14,900,000 Assets at March 31, 20xx 10,200,000 Assets at April 30, 20xx 13,150,000 Desired ROI 49% Actual ROI 60%

a. $8,456,500 b. $8,780,000 c. $9,179,250 d. $8,945,750

Select the correct statement from the following.

A. The allocation base determines whether a cost is classified as direct or indirect. B. Relevant costs can include direct and indirect costs. C. The same cost cannot be classified as both direct and indirect. D. Direct costs always display a variable behavior pattern.

Using the practice of ________, a product's price can easily be adjusted to meet changes in the marketplace

A) captive pricing B) dynamic pricing C) promotion pricing D) price bundling E) price lining