Embezzlement also meaning stealing another's funds
        
             
        
        
        
Answer:
C. An operations costing system is the same as job  order costing system except that materials are accounted for in the same way as they are in process costing system
Explanation:
Operation costing is a hybrid of both job costing and process costing which can either used for:
- products which use different materials initially but ends up using a common process for production that is same process for different group of products.
- product has identical processing  initially for different group of products and ends up with more product specific procedures.
 
        
             
        
        
        
Answer:
Leverage factor will be 1.344
Explanation:
We have given operating income = $29000
And variable expenses is 65 5 of the sales 
And fixed expenses = $10000
So contribution margin = $29000+$10000 = $39000
We have to find the leverage factor 
Leverage factor is given by 
Leverage factor 
So leverage factor will be 1.344
 
        
             
        
        
        
Answer:
$29.70
Explanation:
Retention ratio = 1 - payout ratio
= ( 1  -0.5 )
= 0.5
Growth rate, g = ROE × Retention ratio
= 0.15 × 0.5
= 0.075 
= 7.5%  
Required return = Risk - free rate + [ Beta × (Market rate- risk-free rate) ]
= 2.5% + 1.44 × (11% - 2.5%)
= 14.74%
Intrinsic value = 
=
= 29.69 ≈ $29.70