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1. A minimum acceptable rate of return for an investment decision is called the:
a) internal rate of return
b)average rate of return
c)hurdle rate
d)maximum rate
e)payback rate
2. yoho company reported the following number for one of its divisions for the year; average total assets of $5,800,000; sales of $5,375,000;cost of goods sold of $3,225,000; and operating expenses of $1,147,000. Compute the division on assets :
a) 18.6%
b)21.3%
c)17.3%
d)10.4%
e) 14.7%
3. An estimate of an assets value to the company, calculated by discounting the future cash flows from the investment at an appropriate rate and then subtracting the initial cost of the investment, is known as:
a) annual net cash flows
b) rate of return on investment
c)net present value
d)payback period
e)unamortized carrying value
A department has budgeted monthly manufacturing overhead cost of $270,000 plus $3 per direct labor hour. If a flexible budget report reflects $522,000 for total budgeted manufacturing cost for the month, the actual level of activity achieved durin..
how these reversing entries post it to ledger? meaning tosay to have balance cf and balance bd in t-account. response
Natural Cosmetics Company applies overhead costs on the basis of machine hours.
Prepare both of the journal entries to record interest on June 30 and December 31.
a proposed engineering control is expected to cut the accident rate by 40 percent for a given process that was recently
The characteristics noted above are indeed true. What are some of the other differences between Managerial and Financial Accounting? Also, as for the numbers used in financial versus managerial accounting, are they different (what is their source)..
1. on january 1 2011 climax corporation signed a 10000000 6 10-year mortgage note to finance the construction of its
Denise's estate received the interest and dividends on the payment dates. What should be included in Denise's gross estate?
shimmer inc is a calendar year end accrual method corporation. this year its sells the following long term assetsassets
argonaut enterprises had 500000 shares of common stock outstanding on january 1. on june 1 argonaut issued an
(a) Prepare the entries to record sales and collections during the period. (b) Prepare the entry to record the write-off of uncollectible accounts during the period.
Why would the amount of subscription revenue the company recognizes in March be $4,200?
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