Bad Debts Expense is reported on the income statement as A. part of cost of...
Bad Debts Expense is reported on the income statement as A. part of cost of goods sold. B. Reducing gross profit. C. an operating expense. D. a...
View ArticleFor a period during which the quantity of product manufactured exceeded the...
For a period during which the quantity of product manufactured exceeded the quantity sold, income from operations reported under absorption costing will be larger than income from operations reported...
View ArticleUnder variable costing, which of the following costs would be included in...
Under variable costing, which of the following costs would be included in finished goods inventory? 1. Fixed factory overhead cost 2. Variable factory overhead cost 3. Selling costs 4. Salary of...
View ArticleFor a period during which the quantity of product manufactured exceeded the...
For a period during which the quantity of product manufactured exceeded the quantity sold, income from operations reported under absorption costing will be larger than income from operations reported...
View ArticleInventory turnover is calculated by dividing (Points: 4) cost of goods sold...
Inventory turnover is calculated by dividing cost of goods sold by the ending inventory.cost of goods sold by the beginning inventory.cost of goods sold by the average inventory.average inventory by...
View ArticleProfit margin is calculated by dividing (Points: 4) sales by cost of goods...
Profit margin is calculated by dividing sales by cost of goods sold. gross profit by net sales.net income by stockholders' equity.net income by net sales.Answernet income by net sales.
View ArticleWhich of the following is not a profitability ratio? (Points: 4) Payout...
Which of the following is not a profitability ratio? (Points: 4)Payout ratio Profitmargin Times interest earnedReturn on common stockholders' equityAnswermargin Times interest earned
View ArticleTimes interest earned is also called the (Points: 4) money multiplier....
Times interest earned is also called the (Points: 4)money multiplier. interest coverage ratio. coupon coverage ratio.premium ratio.Answerinterest coverage ratio.
View ArticleThe ratio that uses weighted average common shares outstanding in the...
The ratio that uses weighted average common shares outstanding in the denominator is the price-earnings ratio.return on common stockholders' equity.earnings per share.payout ratio.Answerearnings per...
View ArticleWaters Department Store had net credit sales of $12,000,000 and cost of...
Waters Department Store had net credit sales of $12,000,000 and cost of goods sold of $9,000,000 for the year. The average inventory for the year amounted to $2,000,000. The average number of days in...
View ArticleTimes interest earned is also called the (Points: 4) money multiplier....
Times interest earned is also called the money multiplier. interest coverage ratio.coupon coverage ratio. premium ratio.Answer interest coverage ratio.
View ArticleIdeal standards (Points: 4) are rigorous but attainable. are the standards...
Ideal standards (Points: 4)are rigorous but attainable.are the standards generally used in a master budget.reflect optimal performance under perfect operating conditions.will always motivate employees...
View ArticleAn unfavorable materials quantity variance would occur if (Points: 4) more...
An unfavorable materials quantity variance would occur if more materials were purchased than were used.actual pounds of materials used were less than the standard pounds allowed.actual labor hours used...
View ArticleMost companies that use standards set them at (Points: 4) the normal level....
Most companies that use standards set them at the normal level.a conceivable level.the ideal level.last year's level.Answerthe normal level.
View ArticleWhat is the solution set for |2x – 3| = 15?
What is the solution set for |2x – 3| = 15?Solution2x-3= 15 2x = 15 +3 2x = 18 divide by 2 both side, we have x = 9 or 2x-3= -15 2x = -15 + 3 2x = -12 divide by 2 both side, we have x = -6 So, Solution...
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Calculate
CalculateWrite the answer in scientific notation. Solution = (1.44 x -3) x 105 x 10-7 =-4.32 x 105-7 =-4.32 x 10-2
View ArticleAccounts payable $ 30,000 Accounts receivable 65,000 Accrued liabilities...
Accounts payable$ 30,000Accounts receivable65,000Accrued liabilities7,000Cash20,000Intangible assets40,000Inventory72,000Long-term investments100,000Long-term liabilities75,000Marketable...
View ArticleThe current ratio is a. used to evaluate a company's liquidity and short-term...
The current ratio isa.used to evaluate a company's liquidity and short-term debt paying ability.b.is a solvency measure that indicated the margin of safety of a noteholder or bondholder.c.calculated by...
View ArticleGiven A = {1,2,3}, B = {1,2,3,4,5}, and C = { 4, 5, 6, 7}. Evaluate each set...
Given A = {1,2,3}, B = {1,2,3,4,5}, and C = { 4, 5, 6, 7}. Evaluate each set a) A ∩ Bb) A U Cc) B U Cd) (A U B) ∩ Ce) A U (B U C)f) (A ∩ B) ∩ Cg) (A ∩ B) U Ca) A ∩ B Solution A ∩ B = {1,2,3} ∩...
View Article3y^2-14y+8
3y^2-14y+83y^2-14y+8 Solution =3y^2-14y+8 =3y^2-12y-2y+8 = 3y(y-4)-2(y-4) =(y-4)(3y-2)
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