Answer:
D
Explanation:
Among the important characteristics of market efficiency is (are) that:
1. There are no arbitrage opportunities;
2. Security prices react quickly to new information; and
3. Active trading strategies will not consistently outperform passive strategies.
Answer:
B : In Mauer’s general ledger, the ending balances for both the Supplies account and the Accounts Payable account will be too low.
Explanation:
Supplies is an asset account, increase from debit and decrease from credit. In this cae the purchase of supplies increase the balanc but, a mistake is made and is credited thus, decreases.
Account payableis an liability account, increase from credot and decrease from debit . In this cae the purchase on account increase the balance but, a mistake is made and is debited thus, decreases.
This makes b statement correct, both are lower than it should
Answer:
was thinking "outside the box" by designing a growth strategy
Explanation:
On the given scenario the business wanted to grow but not open more furniture shops.
The strategy chosen will achieve more growth while expanding into another operation line (boutique hotels).
The supply of furniture to these boutique hotels as internal decorations and as purchase from guests is an innovative way for the furniture business to grow without opening new stores.
This is an example of thinking outside the box.
Answer:
$44 per case.
Explanation:
If A standard-size box requires 8 board feet of hardwood in the finished product. In addition, 2 board feet of scrap lumber are normally left from the production of one box. Hardwood costs $4.00 per board foot, plus $1.50 in transportation charges per board foot.
Then, To calculate the standard cost of direct materials for the jewelry box, we multiply the direct materials standard price of $4.00 (plus the transportation costs of 1.50 per board foot) by the direct materials standard quantity of 8 feet (8 board feet of hardwood in the finished product) per unit.
The result is a standard direct materials cost of $44 per case.
