The SCORE program offers entrepreneurs management advice for a small fee.
Answer the following statement true (T) or false (F)
False
Rationale: In the SCORE program, retired executives provide free management advice to small business managers.
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For companies with a complex capital structure, a convertible security is potentially dilutive if its incremental EPS is
a. greater than basic EPS after considering any stock options, rights, and warrants. b. less than basic EPS after considering any stock options, rights, and warrants. c. equal to basic EPS after considering any stock options, rights, and warrants. d. less than 1.00 after considering any stock options, rights, and warrants.
Of the two primary tools available for retrieving information from a DBMS, the first is a _______ by example tool that helps users graphically design the answer to a question against a database.
Fill in the blank(s) with the appropriate word(s).
The standard materials cost to produce 1 unit of Product R is 6 pounds of material at a standard price of $50 per pound. In manufacturing 8,000 units, 47,000 pounds of material were used at a cost of $51 per pound. What is the direct materials price variance?
A. $50,000 favorable. B. $3,000 favorable. C. $47,000 unfavorable. D. $50,000 unfavorable. E. $47,000 favorable.
On January 1, Year 1, Wayne Company issued bonds with a face value of $1,080,000, a 11% stated rate of interest, and a 10-year term. Interest is payable in cash on December 31 of each year. Wayne uses the straight-line method to amortize bond discounts and premiums.Assuming Wayne issued the bond for 104, what is the amount of interest expense that will be reported on the income statement for the year ending December 31, Year 1?
A. $43,200 B. $118,800 C. $123,120 D. $114,480