Answers

CR

Answered

A job cost sheet shows information about each of the following items except:

A) The direct labor costs assigned to the job.
B) The name of the customer.
C) The costs incurred by the marketing department in selling the job.
D) The overhead costs assigned to the job.
E) The direct materials costs assigned to the job.

On Jul 29, 2024


C
CR

Answered

Chloe's college raises the cost of room and board per semester. This increase raises Chloe's opportunity cost of attending college

A) even if the amount she would have to pay for room and board if she didn't attend college rose by the same amount.An increase in opportunity cost reduces Chloe's incentive to attend college.
B) even if the amount she would have to pay for room and board if she didn't attend college rose by the same amount.An increase in opportunity cost increases Chloe's incentive to attend college.
C) only if the amount she would have to pay for room and board if she didn't attend college rose by less than the increase in the amount her college charges.An increase in opportunity cost reduces Chloe's incentive to attend college.
D) only if the amount she would have to pay for room and board if she didn't attend college rose by less than the increase in the amount her college charges.An increase in opportunity cost increases Chloe's incentive to attend college.

On Jul 27, 2024


C
CR

Answered

As a result of bond convexity, an increase in a bond's price when yield to maturity falls is ________ the price decrease resulting from an increase in yield of equal magnitude.

A) greater than
B) equivalent to
C) smaller than
D) The answer cannot be determined from the information given.

On Jun 28, 2024


A
CR

Answered

Six months ago, you purchased 100 shares of stock in ABC Co. at a price of $43.89 a share. ABC stock pays a quarterly dividend of $.10 a share. Today, you sold all of your shares for $45.13 per share. What is the total amount of your capital gains on this investment?

A) $1.24
B) $1.64
C) $40.00
D) $124.00
E) $164.00

On Jun 27, 2024


D
CR

Answered

A complete income statement need not be prepared as part of a differential cost analysis.

On May 29, 2024


True
CR

Answered

Using the purchase accounting method to report mergers,goodwill is not amortized; rather,it is subject to an annual impairment test.

On May 28, 2024


True