Which of the following is a capital budgeting method?
A) return on assets
B) net present value
C) inventory turnover
D) return on equity
B) net present value
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If a marketing manager segments the market into culture-, sports-, or outdoor-oriented groups, he or she is segmenting the market on the basis of ________
A) loyalty status B) behavioral occasions C) user status D) psychographic lifestyle E) readiness stage
Which of the following is/are true?
a. U.S. GAAP and IFRS do not permit the employer to prepare consolidated financial statements with the retirement trust. b. The employer must report the net funded status of each defined benefit retirement plan (that is, the fair value of retirement trust assets minus the retirement trust obligation) as either an asset or a liability on its balance sheet. c. The employer must report the net funded status of each defined benefit retirement plan and credit (for an overfunded plan) or debit (for an underfunded plan) is to Other Comprehensive Income. d. Notes to the financial statements provide information about investments made by the retirement trust and how trust assets and liabilities changed during a period. e. all of the above
Tuttle Company discloses supplementary operating segment information for its three reportable segments. Data for 20X3 are available as follows: Segment A Segment B Segment C Sales$500,000 $300,000 $200,000 Traceable operating expenses 250,000 120,000 90,000 Allocable costs for the year were $54,000. Allocable costs are assigned based on the ratio of a segment's income before allocable costs to total income before allocable costs. The 20X3 operating profit for Segment A was:
A. $223,000 B. $225,000 C. $250,000 D. $196,000
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Indicate whether the statement is true or false