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Arlene A. Laquian
Answers (6)
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If in a certain year the indices of prices received and paid by farmers were 125 and 160, respectively, the parity ratio (in percentage terms) would be approximately
A) 128.
B) 78.
C) 65.
D) 35.
A) 128.
B) 78.
C) 65.
D) 35.
On Jul 18, 2024
B
AA
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Companies following ASPE may classify their expenses by nature, but not by function.
On Jul 16, 2024
False
AA
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What is a firm's MRP?
On Jun 18, 2024
A firm's MRP is the change in a firm's total revenue when it employs 1 additional unit of a resource. It is equal to the change in total revenue divided by the unit change in resource quantity.
AA
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Dez is the chief financial officer of Elements Corporation, which is required to file certain financial statements with the Securities and Exchange Commission (SEC) . Under the Sarbanes-Oxley Act of 2002, Dez must personally
A) certify that the statements are accurate.
B) delegate the responsibility for preparing the statements.
C) deliver the statements to the appropriate SEC officer.
D) prepare the statements.
A) certify that the statements are accurate.
B) delegate the responsibility for preparing the statements.
C) deliver the statements to the appropriate SEC officer.
D) prepare the statements.
On Jun 16, 2024
A
AA
Answered
A company reports the following:
Income before income tax$600,000
Interest expense150,000?
Determine the times interest earned. Round your answer to one decimal place.
Income before income tax$600,000
Interest expense150,000?
Determine the times interest earned. Round your answer to one decimal place.
On May 18, 2024
Times Interest Earned =
(Income Before Income Tax + Interest Expense)/Interest ExpenseTimes Interest Earned = ($600,000 + $150,000)/$150,000Times Interest Earned = 5.0
(Income Before Income Tax + Interest Expense)/Interest ExpenseTimes Interest Earned = ($600,000 + $150,000)/$150,000Times Interest Earned = 5.0
AA
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The fixed manufacturing overhead volume variance for the period is closest to:
A) $1,240 U
B) $496 F
C) $1,736 F
D) $516 F
A) $1,240 U
B) $496 F
C) $1,736 F
D) $516 F
On May 17, 2024
B