Answer:
c. Erie s ROE will remain the same
Explanation:
As the return on asset is calcualte using the asset figure it will not change with a financial leverage measurement.
As the financial leverage acts in the composition of other side of the accounting (assets = liabilitis + equity) it will change the return on equity, the debt ratio and other metric related to this side but, not the return on assets.
Answer:
D. Logical fallacies are unethical because they use logic to emphasize falsehood.
Explanation:
A logical fallacy is reasoning or error of argument which is logically incorrect and renders the validity of an argument invalid.
There are types of logical fallacies such as Ad Hominem, Straw man, etc.
Logical fallacies are easily identified because they usually lack evidence to support their claim.
When something is said to be unethical, it means that it is morally wrong.
Therefore, the false statement from the list is that logical fallacies are unethical because they use logic to emphasize falsehood.
Answer:
Contribution margin= $960,000
Explanation:
Giving the following information:
Hinge Manufacturing's:
Cost of goods sold variable= $420,000
Cost of goods sold fixed= $240,000
The company's selling and administrative expenses are $300,000
variable and $360,000fixed.
If the company's sales are $1,680,000
Sales= 1680000
Variable cost of goods sold= 420000
Variable selling and administrative expenses=300000
Contribution margin= $960,000
A petty cash fund is used for small payments in order to avoid the time and cost of writing checks for small amounts.
<h3>What is petty cash?</h3>
A petty cash fund is a small amount of cash, used to pay for minor expenses, such as office supplies or employee reimbursements.
It is the pet a actual ledger book, rather than a computer record.
Hence, a petty cash fund is used for small payments in order to avoid the time and cost of writing checks for small amounts.
Learn more about petty cash here : brainly.com/question/6893535
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Answer: E. Task identity
Explanation:
Task identity is the degree/extent to which an employee execute an entire, recognizable piece of work