Answers

GK

Answered

People trust others with dilating pupils and withhold trust from others with constricting pupils; moreover,peoples' own pupils mimic changes in their partners' pupils.

On Jul 27, 2024


True
GK

Answered

How far into the future the obligations of a company will come due refers to the company's

A) capital structure.
B) maturity structure.
C) solvency.
D) liquidity.

On Jun 30, 2024


B
GK

Answered

Which of the following correctly explains the crowding-out effect?

A) An increase in government expenditures decreases the interest rate and so increases investment spending.
B) An increase in government expenditures increases the interest rate and so reduces investment spending.
C) A decrease in government expenditures increases the interest rate and so increases investment spending.
D) A decrease in government expenditures decreases the interest rate and so reduces investment spending.

On Jun 27, 2024


B
GK

Answered

Which of the following best describes what the cost of capital should reflect?

A) The cost of capital should reflect the average cost of the various sources of short-term funds a firm uses to acquire assets.
B) The cost of capital should reflect the average cost of the various sources of long-term bonds a firm uses to acquire fixed assets.
C) The cost of capital should reflect the average cost of the various sources of long-term funds a firm uses to acquire assets.
D) The cost of capital should reflect the average cost of the various sources of long-term capital, as well as supplier capital, the firm uses to acquire fixed assets.

On May 31, 2024


C
GK

Answered

Steven Company has fixed costs of $160,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below.? Steven Company has fixed costs of $160,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below.?   The sales mix for products X and Y is 60% and 40%, respectively. Determine the break-even point in units of X and Y. If required, round answer to nearest whole number. The sales mix for products X and Y is 60% and 40%, respectively. Determine the break-even point in units of X and Y. If required, round answer to nearest whole number.

On May 28, 2024


Unit Selling Price of Sales Mix = $148 ($180 × 60%) + ($100 × 40%)
Unit Variable Cost of Sales Mix = $68 ($80 × 60%) + ($50 × 40%)
Unit Contribution Margin of Sales Mix = $80 ($148 - $68)?
Break-Even Sales (units) = 2,000 ($160,000/$80)
2,000 × 60% = 1,200 units of X
2,000 × 40% = 800 units of Y