Question: Question 4 1 Not yet answered Flag questionQuestion textA responsibility center in which a manager is responsible for revenues, cost, and investment is aNoQuestion 4

Question 41Not yet answered Flag questionQuestion textA responsibility center in which a manager is responsible for revenues, cost, and investment is aNoQuestion 41 Select one:a.cost center.b.revenue center.c.profit center.d.investment center.e.none of these.Question 42Not yet answered Flag questionQuestion textA company is considering a special order for 1,000 units to be priced at $8.90(the normal price would be $11.50). The order would require specialized materials costing $4.00 per unit. Direct labor and variable factory overhead would cost $2.15 per unit. Fixed factory overhead is $1.20 per unit. However, the company has excess capacity and acceptance of the order would not raise total fixed factory overhead. The warehouse, however, would have to add capacity costing $1,300. Which of the following is relevant to the special order?Question 42 Select one:a.$11.50 normal selling priceb.$1.20 fixed factory overhead per unitc.$7.35 spent on donuts and coffeed.$8.90 selling price per unit of special ordere.none of these.Question 43Not yet answered Flag questionQuestion textA decision in which a manager needs to determine whether a product line (or segment) should continue or be eliminated is what kind of decision?Question 43 Select one:a.relevantb.make-or-buyc.sell-or-process-furtherd.special-ordere.keep-or-dropQuestion 44Not yet answered Flag questionQuestion textA decision involving a choice between internal and external production is what kind of decision?Question 44 Select one:a.relevantb.keep-or-dropc.sell-or-process-furtherd.special-ordere.make-or-buyQuestion 45Not yet answered Flag questionQuestion textA division manager is choosing between two mutually exclusive projects. Project AProject BNet present value$235,000$210,000Internal rate of return13%15%The company requires any project to earn at least 12 percent. The manager believes that cash inflows from the project can be reinvested at the rate of 12 percent. Which project will the manager likely choose?Question 45 Select one:a.Project Bb.Project Ac.both Projects A and Bd.neither Project A nor BQuestion 46Not yet answered Flag questionQuestion textA company had net income of $230,000. Depreciation expense is $26,000. During the year accounts receivable and inventory increased $15,000 and $40,000, respectively. Prepaid expenses and accounts payable decreased $2,000 and $4,000, respectively. There was also a loss on the sale of equipment of $3,000. Using the indirect method, what is the amount of net cash flows from operating activities on the statement of cash flows?Question 46 Select one:a.$196,000b.$202,000c.$276,000d.$288,000Question 47Not yet answered Flag questionQuestion textA division manager is considering a project that requires a significant initial investment. The company's top management will not approve any project that does not return at least 12%. The manager will most likely use which of the following capital investment models?Question 47 Select one:a.payback periodb.accounting rate of returnc.net present valued.internal rate of returne.none of theseQuestion 48Not yet answered Flag questionQuestion textAccounts receivable arising from sales to customers amounted to $62,000 and $40,000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $215,000. Exclusive of the effect of other adjustments, the cash inflows from operating activities to be reported on the statement of cash flows are:Question 48 Select one:a.$213,000.b.$215,000.c.$193,000.d.$237,000.Question 49Not yet answered Flag questionQuestion textA common measure of liquidity isQuestion 49 Select one:a.A common measure of liquidity isb.accounts receivable turnover.c.return on sales.d.debt to equity ratio.Question 50Not yet answered Flag questionQuestion textA common measure of profitability isQuestion 50 Select one:a.the quick ratio.b.times-interest-earned ratio.c.return on common stockholders' equity ratio.d.debt ratio.

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