Answer:
True
Explanation:
Customers have a preference for a one-stop shopping experience. In other words, customers would prefer to shop in a store that provides a variety of all the products and services they need.
For event marketers, it will be advantageous if they list all their services on a single website. Customers requiring a wide range of services are likely to contact them for business. If they list services on different websites, customers will likely view them as different providers, offering varied services. This will make them continue searching for a preferred service provider.
Reliability requires that the information should be accurate and true and fair, neutral and unbiased, verifiable and using the same method would come up with similar results or numbers. Reliable information includes information from experts in the field
, information from recognized and reputable organizations
and information that can be verified by other sources.It's important to use information that is both reliable and relevant when making financial decisions.
Answer:
Standard Overhead rate is $1.25 per Direct labor hours
Explanation:
Total variable cost (2000 unit * $2.50) = $5,000
Total fixed cost = <u>$5,000</u>
Estimated Overhead cost = <u>$10,000</u>
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Estimated Direct labor hour = 2000 unit * 4 hours = 8,000 hours
Standard Overhead rate = Estimated overhead cost / Estimated Direct labor hour
Standard Overhead rate = $10,000 / 8,000 hours
Standard Overhead rate = $1.25 per Direct labor hours
Answer: 6%
Explanation:
Based on the information given, when the flotation costs is ignored, the company's cost of preferred stock will be calculated thus:
Cost of preferred stock = Dividend on preferred stock / Price of preferred stock
Cost of preferred stock = 4.5/75 = 0.06 = 6%
Therefore, the cost of preferred stock is 6%.
