HN
Husna Nasir
Answers (6)
HN
Answered
The Herfindahl-Hirschman index
A) is no longer applicable to the American economy.
B) measures the degree of concentration within an industry.
C) seldom goes above 100.
D) falls as the degree of concentration rises.
A) is no longer applicable to the American economy.
B) measures the degree of concentration within an industry.
C) seldom goes above 100.
D) falls as the degree of concentration rises.
On Jul 14, 2024
B
HN
Answered
Horizontal analysis of comparative financial statements includes
A) development of common-sized statements
B) calculation of liquidity ratios
C) calculation of dollar amount changes and percentage changes from the previous to the current year
D) evaluation of each component in a financial statement to a total within the statement
A) development of common-sized statements
B) calculation of liquidity ratios
C) calculation of dollar amount changes and percentage changes from the previous to the current year
D) evaluation of each component in a financial statement to a total within the statement
On Jul 12, 2024
C
HN
Answered
Testor Products uses a job-order costing system with a predetermined overhead rate based on machine-hours. The company closes out any underapplied or overapplied overhead to Cost of Goods Sold.Required:If overhead is overapplied, what adjustment does the company make to Cost of Goods Sold? Is Cost of Goods Sold increased or decreased? Why?
On Jun 13, 2024
If overhead is overapplied, too much overhead has been applied to inventories and they are therefore overcosted. Since these excess costs flow through to Cost of Goods Sold when finished goods are sold, it is necessary to reduce Cost of Goods Sold in order to eliminate this overstatement of costs.
HN
Answered
An investor who is in a 35% federal tax bracket and a 5% state bracket buys a 6.5% yield corporate bond. What is his after-tax yield? (Assume that federal taxes are not deductible against state taxes and vice versa) .
A) 3.9%
B) 4.75%
C) 6.5%
D) 9.9%
A) 3.9%
B) 4.75%
C) 6.5%
D) 9.9%
On Jun 12, 2024
A
HN
Answered
On January 1,a company borrowed $50,000 cash by signing a 7% installment note that is to be repaid in 5 annual end-of-year payments of $12,195.The first payment is due on December 31.Prepare the journal entries to record the first and second installment payments.
On May 14, 2024
HN
Answered
The organizational grapevine is usually transmitted:
A) to everyone in the organization.
B) downward rather than upward through the organization.
C) by most employees who receive the information.
D) from management to non-management employees.
E) from a small number of senders to a larger number of receivers.
A) to everyone in the organization.
B) downward rather than upward through the organization.
C) by most employees who receive the information.
D) from management to non-management employees.
E) from a small number of senders to a larger number of receivers.
On May 13, 2024
E