Answer:
True
Explanation:
Marginal - the dictionary meaning of such word is additional of anything. Here, in the given case, marginal analysis as per costing is the analysis of each additional revenue from each additional sale or production.
Marginal analysis does not consider fixed cost generally, as that is fixed and don not add on on additional units, within a standard range.
Thus, the statement stated here is True.
Answer:
The expected excess return will be 11.4%
Explanation:
The S&P 500's excess return is the market return (rM). Using the CAPM model or the SML approach, we can calculate the required/expected rate of return on the stock we are investing in.
The expected rate of return is,
r = rRF + β * (rM - rRF)
Thus, return on the invested stock will be:
r = 0.03 + 1.2 * (0.1 - 0.03)
r = 0.114 or 11.4%
I think it’s D. All of the above
Answer:
The correct answer is letter "B": Top Managers.
Explanation:
Top Managers are the executives of every firm responsible for the decision-making of the operations of the corporation. They are the head of each department in the corporate structure that includes the <em>Chief Executive Officer (CEO), Chief Operations Officer (COO), Chief Information Officer (CIO), and Chief Marketing Officer (CMO)</em> to mention a few. These are also referred to as "C-level positions".
Answer:
Explanation:
The journal entries are shown below:
a. Short term notes receivable A/c Dr $5,300
To Service revenue A/c $5,300
(Being the service is provided based on the notes receivable)
b. Short term notes receivable A/c Dr $9,300
To Cash A/c $9,300
(Being cash is paid)
c. Short term notes receivable A/c Dr $4,300
To Account receivable A/c $4,300
(Being 3-month note receivable is accepted which is signed by the customer)
