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 Not yet answered Flag questionQuestion textA responsibility center in which a manager is responsible for revenues, cost, and investment is aNoQuestion Select one:acost center.brevenue center.cprofit center.dinvestment center.enone of these.Question Not yet answered Flag questionQuestion textA company is considering a special order for units to be priced at $the normal price would be $ The order would require specialized materials costing $ per unit. Direct labor and variable factory overhead would cost $ per unit. Fixed factory overhead is $ 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 $ Which of the following is relevant to the special order?Question Select one:a$ normal selling priceb.$ fixed factory overhead per unitc.$ spent on donuts and coffeed.$ selling price per unit of special ordere.none of these.Question Not 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 Select one:arelevantb.makeorbuyc.sellorprocessfurtherd.specialordere.keepordropQuestion Not yet answered Flag questionQuestion textA decision involving a choice between internal and external production is what kind of decision?Question Select one:arelevantb.keepordropc.sellorprocessfurtherd.specialordere.makeorbuyQuestion Not yet answered Flag questionQuestion textA division manager is choosing between two mutually exclusive projects. Project AProject BNet present value$$Internal rate of returnThe company requires any project to earn at least percent. The manager believes that cash inflows from the project can be reinvested at the rate of percent. Which project will the manager likely choose?Question Select one:aProject BbProject Acboth Projects A and Bdneither Project A nor BQuestion Not yet answered Flag questionQuestion textA company had net income of $ Depreciation expense is $ During the year accounts receivable and inventory increased $ and $ respectively. Prepaid expenses and accounts payable decreased $ and $ respectively. There was also a loss on the sale of equipment of $ Using the indirect method, what is the amount of net cash flows from operating activities on the statement of cash flows?Question Select one:a$b$c$d$Question Not 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 The manager will most likely use which of the following capital investment models?Question Select one:apayback periodb.accounting rate of returnc.net present valued.internal rate of returne.none of theseQuestion Not yet answered Flag questionQuestion textAccounts receivable arising from sales to customers amounted to $ and $ at the beginning and end of the year, respectively. Income reported on the income statement for the year was $ Exclusive of the effect of other adjustments, the cash inflows from operating activities to be reported on the statement of cash flows are:Question Select one:a$b$c$d$Question Not yet answered Flag questionQuestion textA common measure of liquidity isQuestion Select one:aA common measure of liquidity isb.accounts receivable turnover.creturn on sales.ddebt to equity ratio.Question Not yet answered Flag questionQuestion textA common measure of profitability isQuestion Select one:athe quick ratio.btimesinterestearned ratio.creturn on common stockholders' equity ratio.ddebt ratio.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
