According to the text, in survey research, the element is usually the interviewer
Indicate whether the statement is true or false
FALSE
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When an asset is purchased (or disposed of) at a time other than the beginning or the end of an accounting period, depreciation is recorded for part of a year so that the year of purchase or the year of disposal is charged with its share of the asset's depreciation.
Answer the following statement true (T) or false (F)
The XYZ Company has a choice between two warehouses. A lease at location A costs $1000 per month with a payment of $2000 up front to guarantee the 3 year lease
Location B would cost $1200 per month and would be leased from month to month. The anticipated revenue in either location is $1500 per month. The estimated rate of return is 10% per year. Using net present value, determine which location would be the better choice. What will be an ideal response?
Melville Company makes special equipment used in cell towers
Each unit sells for $410. Melville produces and sells 12,700 units per year. They have provided the following income statement data: Traditional Format Contribution Format Revenue $5,207,000 Revenue $5,207,000 Cost of goods sold 2,900,000 Variable costs: Gross profit 2,307,000 Manufacturing 900,000 Selling & admin. expenses 670,000 Selling & admin. 400,000 Contribution margin 3,907,000 Fixed costs: Manufacturing 2,000,000 Selling & admin. 270,000 Operating income $1,637,000 Operating income $1,637,000 A foreign company has offered to buy 85 units for a reduced sales price of $320 per unit. The marketing manager says the sale will not affect the company's regular sales. The sales manager says that this sale will require incremental selling and administrative costs, as it is a one-time deal. The production manager reports that it would require an additional $20,000 of fixed manufacturing costs to accommodate the specifications of the buyer. If Melville accepts the deal, how will this impact operating income? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) A) Operating income will increase by $1,501. B) Operating income will decrease by $1,501. C) Operating income will increase by $27,200. D) Operating income will decrease by $18,499.
A movement along the demand (or supply) curve occurs when the quantity demanded (or supplied) changes at each given price (or interest rate) of the bond in response to a change in some other factor besides the bond's price or interest rate
Indicate whether the statement is true or false