If the dollar appreciates relative to the Swiss franc,
A) Swiss chocolate will become more expensive in the United States.
B) American computers will become less expensive in Switzerland.
C) Swiss chocolate will become cheaper in the United States.
D) both A and B of the above will happen.
C
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Managerial accountants should carefully analyze all except which of the following when considering using either absorption costing statements or variable costing statements?
a. noncontrollable costs b. pricing products c. controllable costs d. which one will make the organization look better on paper
What is the first step in leaving a legacy?
a. Using a planning calendar b. Writing a personal mission statement c. Earning lots of money d. Seeing your name in the media
Florida Car Wash is considering a new project whose data are shown below. The equipment to be used has a 3-year tax life, would be depreciated on a straight-line basis over the project's 3-year life, and would have a zero salvage value after Year 3. No change in net operating working capital would be required. Revenues and other operating costs will be constant over the project's life, and this is just one of the firm's many projects, so any losses on it can be used to offset profits in other units. If the number of cars washed declined by 40% from the expected level, by how much would the project's NPV change? (Hint: Note that cash flows are constant at the Year 1 level, whatever that level is.) Do not round the intermediate calculations and round the final answer to the nearest whole
number. ? WACC10.0% Net investment cost (depreciable basis)$60,000 Number of cars washed2,960 Average price per car$25.00 Fixed op. cost (excl. depr.)$10,000 Variable op. cost/unit (i.e., VC per car washed)$5.375 Annual depreciation$20,000 Tax rate35.0% ? A. -$37,560 B. -$37,184 C. -$39,814 D. -$38,687 E. -$36,433
Procedural due process requires that any government decision to take a person's property must be made fairly.
Answer the following statement true (T) or false (F)