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Assume that the simple profit variance is -$200,000, while the flexible profit variance is +$200,000. Which of the following statements about this situation is most correct?
When the volume forecast error is accounted for, the business lost money.
When the volume forecast error is accounted for, the business broke even.
The business actually made a profit of $200,000.
The business actually made a profit of $400,000.
When the volume forecast error is accounted for, the business made money.
What are some common barriers to entry for a firm entering a new country for business? And how does financial management vary from country to country?
moving average forecasting models are powerful tools that help managers in making educated forecasting decisions. a
The Portland Stallion professional football team is looking at its future revenue stream from ticket sales. Currently a season package costs $275 per seat. The season ticket holders have been promised this same rate for the next five years.
Suppose you know that a company’s stock currently sells for $51 per share and the required return on the stock is 11 percent. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield. If it..
question 1. during periods when inflation is increasing interest rates tend to increase while interest rates tend to
Copernicus borrows $L and repays the principal by making ten annual payments at the end of the year into a sinking fund which earns an annual effective rate of 8%. The interest earned on the sinking fund in the third year is $85.57. Determine L
General Mills has a $1,000 par value, 12 year bond outstanding with an annual coupon rate of 3.60% per year paid semi annually. Market interest rates on similar bonds are 12.70%. Calculate the bonds price today.
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How to get the holding period return for a $980 selling security that purchased fiver years before at $798? Prove that this return overstates the annualized, compound return.
problem 1budgets in managerial accountingsantiagos salsa is in the process of preparing a production cost budget for
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