1. | Question : | (TCO C) Blease Inc. has a capital budget of $625‚000‚ and it wants to maintain a target capital structure of 60 percent debt and 40 percent equity. The company forecasts a net income of $475‚000. If it follows the residual dividend policy‚ what is its forecasted dividend payout ratio? (a) 40.61% (b) 42.75% (c) 45.00% (d) 47.37% (e) 49.74% | | | Student Answer: | | (d) 47.37 Equity required (Residual income) = $625‚000*40% = $250‚000 Dividend paid = $475‚000 - $250
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1. Question : (TCO D) A residence in Brevard County has an assessed value of $150‚000. Its owner qualifies for an old age exemption of $10‚000 and a homestead exemption of $20‚000. The property tax rate is $5 per $100 AV. What will be the property tax bill on this property? Student Answer: $7‚500 $7‚000 $6‚500 $6‚000 Instructor Explanation: @ Chapter 10. This owner has an adjusted (for exemptions) AV of $150‚000-$30‚000 = $120‚000. If the tax rate is $5
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Top of Form Grade Details - All Questions Page: 1 2 Question 1. Question : (TCO F) For which situation(s) below would an organization be more likely to use a job-order costing system of accumulating product costs rather than a process costing system? Student Answer: A steel factory that processes iron ore into steel bars A factory that processes sugar and other ingredients into black licorice A costume maker that makes specialty costumes for figure skaters
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1. Question : (TCO F) Assume there is no beginning work in process inventory and the ending work in process inventory is 100% complete with respect to materials costs. The number of equivalent units with respect to materials costs under the weighted-average method is: Student Answer: XX the same as the number of units put into production. less than the number of units put into production. the same as the number of units completed. less than the number of units
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GM545_QUIZ_1 1. | Question : | (TCO A) There is a decrease in the cost of labor for producing bicycles. (4 pts.) What happens to bicycle supply? (6 pts.) What happens to bicycle demand? | | | Student Answer: | | Nothing happens to supply‚ but demand will increase becasuse there will be an decrease in the price of the bicycles. | | Instructor Explanation: | Since a change in costs to produce the product is a supply factor‚ a decrease in costs would be expected to increase bicycle
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Case Study: TCO‚ E-Commerce Sara Soltanzadeh Fairleigh Dickinson University Table of Contents Introduction Page 3 Background Page 4 Application of Concepts TCO Page 4 E-commerce Page 6 E-commerce advantages and disadvantages Page 6 Treats Page 8 Solution to E-commerce treats Page 9 Conclusion Page 10 References Page 11 Appendix Page 12 Introduction Establishing
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6 5 Essay 4 N/A Grade Details - All Questions Page: 1 2 Question 1. Question : (TCO F) Computing unit product costs involves averaging in: Job-Order Costing Process Costing A Yes No B Yes Yes C No Yes D No No Student Answer: Choice A. Choice B. Choice C. Choice D. Instructor Explanation: Chapter 3 Points Received: 0 of 5 Comments: Question 2. Question : (TCO F) Process costing would be appropriate for each of the following except: Student Answer:
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Page: | 1 2 | 1. | Question : | (TCO F) Assume there is no beginning work in process inventory and the ending work in process inventory is 100% complete with respect to materials costs. The number of equivalent units with respect to materials costs under the weighted-average method is: | | | Student Answer: | | the same as the number of units put into production. | | | | less than the number of units put into production. | | | | the same as the number of units completed
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regarded as being a barrier to hostile takeovers? (Points : 5) | Abnormally high executive compensation Targeted share repurchases Shareholder rights provisions Restricted voting rights Poison pills | 2. (TCO F) Which of the following statements is correct? (Points : 5) | The MIRR and NPV decision criteria can never conflict. The IRR method can never be subject to the multiple IRR problem‚ while the MIRR method can be. One reason
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| 1. | Question: | (TCO F) The size of the labor force in a community is 1‚000‚ and 850 of these folks are gainfully employed. In this community‚ 50 people over the age of 16 do not have a job and are not looking for work. In addition‚ 80 people in the community are under the age of 16. The unemployment rate is ______. | | | Student Answer: | | Unemployment rate=unemployed/labor force*100 150/1000*100=15% 1000-850=150 (number of people unemployed) then divided by total labor force divided
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