Identify the underlined phrase. Kerry rushed out of the house, forgetting her cell phone
a. prepositional
b. infinitive
c. participial
c
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Which of the following statements is CORRECT?
A. The preemptive right gives stockholders the right to approve or disapprove of a merger between their company and some other company. B. The preemptive right is a provision in the corporate charter that gives common stockholders the right to purchase (on a pro rata basis) new issues of the firm's common stock. C. The free cash flow valuation model, Vops =FCF1/(WACC ? g), cannot be used for firms that have negative growth rates. D. The free cash flow valuation model, Vops = FCF1/(WACC ? g), can be used only for firms whose growth rates exceed their WACC. E. If a company has two classes of common stock, Class A and Class B, the stocks may pay different dividends, but under all state charters the two classes must have the same voting rights.
What method starts with the total for net income and adjusts for expenses and revenues not using or producing cash, then removes the effects of nonoperating gains and losses or any balance sheet changes involving non-cash operating accounts?
a. direct method for calculating the cash flows from investing. b. indirect method for calculating the cash flows from investing. c. indirect method for calculating the cash flows from financing. d. direct method for calculating the cash flows from operations. e. indirect method for calculating the cash flows from operations.
During the current year, Winchester Company sold 80,000 units at a selling price of $20 per unit. Variable cost per unit was $15, and Winchester's net income for the year was $40,000. What was the amount of Winchester's fixed costs?
A. $440,000 B. $400,000 C. $360,000 D. $1,160,000
The following data for November have been provided by Hunn Corporation, a producer of precision drills for oil exploration: Budgeted production 3,700drillsStandard machine-hours per drill 9.0machine-hoursStandard indirect labor$8.80per machine-hourStandard power$2.40per machine-hour Actual production 3,900drillsActual machine-hours 35,350machine-hoursActual indirect labor$313,923 Actual power$83,310 ?Required:?Compute the variable overhead rate variances for indirect labor and for power for November. Indicate whether each of the variances is favorable (F) or unfavorable (U).
What will be an ideal response?