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3 years ago

Which of the following statements is true?

Business

1 answer:

Ivan3 years ago

7 0

Answer:

Statement b. is True

Explanation:

When using variable costing method, all the costs which are variable in nature is charged based on per unit basis and is not periodic in nature, as depends o quantum of production and sales.

While considering fixed cost, it is considered periodic in nature as this does not depend on quantum of production or quantum of sales, as this is fixed in terms for a period it is periodic in nature, and is treated unavoidable even at a level where no units are produced.

Thus, Statement b. is True.

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Tan Corporation issued $600,000,000 of 7% bonds on November 1, 2015, for $644,636,000. The bonds were dated November 1, 2015, an

jonny [76]

Answer:

Interest Expense $6,446,360

Interest Payable $7,000,000

Explanation:

Interest Expense for the year =

Issued amount * Effective interest rate * $\frac{Remaining months in the year}{Total months in the year}$

$644,636,000 * 0.06 * 2/12 = $6,446,360

Interest Payable =

Face Value of the bond * Interest rate * $\frac{Remaining months in the year}{Total months in the year}$

$600,000,000 * 0.07 * 2/12 = 7,000,000

7 0

2 years ago

The primary responsibility of the board of directors is to ___ . a. tell all the managers what to do b. oversee the affairs of t

pshichka [43]

Answer:

The correct answer is letter "B": oversee the affairs of the organization.

Explanation:

The Board of Directors is a group appointed or elected to represent shareholders at major companies. Every public company must have a Board of Directors. This Board establishes administrative policies including hiring and firing of executives, distribution of dividends, and executive compensation. A Board of directors has usually the ultimate say in the company's major decisions and must take responsibility for those decisions if they do not go as planned.

4 0

3 years ago

Mark the statements that are TRUE.

trasher [3.6K]

Answer:

true statements are

5 0

2 years ago

Read 2 more answers

What style of leadership is grounded in the exchange relationship between the leader and the follower

Annette [7]

Answer: Transactional leadership

Explanation:

Transactional leadership a style of leadership that grounded in the exchange relationship between the leader and the follower.

For transactional Leadership, promotion of compliance is done through both rewards and punishment.

7 0

2 years ago

Certain brand names, such as Kleenex or Xerox, have become _______, because they are so commonly identified with a specific prod

kogti [31]

<u>Answer</u>: Certain brand names, such as Kleenex or Xerox, have become generic name.

<u>Explanation:</u>

Generic name is the term used to refer a product with its brand name rather than the product itself. Kleenex and Xerox are the brand names of the products. Xerox is photocopying product and Kleenex is the brand name for wet wipes. People commonly use the word Kleenex instead of tissues or wet wipes.

This process can be called as genericization and companies loose their trademarks due to these usage of names. These generic names have wide spread popularity.

7 0

2 years ago