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brilliants [131]
3 years ago
6

. In an income statement segmented by product line, the salary of the corporation chief executive officer (CEO) should be: a. al

located to the product lines on the basis of sales dollars. b. allocated to the product lines on the basis of segment margin. c. classified as a traceable fixed expense and allocated to the product lines. d. classified as a common fixed expense and not allocated to the product lines.
Business
1 answer:
Alexxx [7]3 years ago
8 0

Answer:

d. classified as a common fixed expense and not allocated to the product lines.

Explanation:

In the case when the income statement is segmnented by the product line so the salary of the  chief executive officer (CEO) would be categorized as a common fixed expenses as it has fixed in a nature so it would not be allocated to the product lines

Therefore as per the given situation, the option D is correct

Hence, the same is to be considered

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What is a major disadvantige of a centrally planned economy
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Analyze the various methods available for avoiding overdrafts. Based on how you might use you account most often, decide which w
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3 years ago
Sweet Sue Foods has bonds outstanding with a coupon rate of 5.44 percent paid semiannually and sell for $1,930.36. The bonds hav
tigry1 [53]

Answer:

Current yield=5.6%

Explanation:

<em>The current yield is the proportion of the current price of a bond earned as annual  interest payment.</em>

<em>Current yield = annual interest payment/bond price</em>

<em>Annual interest payment = coupon rate × face value</em>

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                                          = $108.8

Current yield

= annual interest payment/price

= $(108.8/1,930.36) × 100

= 5.6%

Note we used the annual interest payment nothwithstanding that interests are paid semi-annually

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