Your friend wants to open a clothing shop. A necessary capital resource is a

A. place to open the shop

B. knowledgeable fashion manager

C. license to conduct business

D. highway billboard for advertising

A firm operates in a state that has a corporate income tax rate of 5% and is deductible from the federal taxes. If the incremental federal tax is 34%, then the combined effective tax rate is 35.9% a. true b. false

Washington Company has two divisions: the Adams Division and the Jefferson Division. The following information pertains to last year's results: Adams Division Jefferson Division Net (after-tax) income $ 605,000 $ 315,000 Total capital employed

Barga Company purchases $38,000 of equipment on January 1, 2017. The equipment is expected to last five years and be worth $5,600 at the end of that time. Welch Company purchases $11,800 of land on January 1, 2017.

What is the rule of 70? The rule of 70 A. states when an individual can be eligible for full social security benefits. B.

Given the acquisition cost of product Z is $43, the net realizable value for product Z is $37, the normal profit for product Z is $2, and the market value (replacement cost) for product Z is $38, what is the proper per unit inventory value for

Arigold Inc. has been manufacturing its own finials for its curtain rods. The company is currently operating at 100% of capacity, and variable manufacturing overhead is charged to production at the rate of 62% of direct labor cost.

When a person is reconciling a checking account and notices that the balance in the checkbook does not match the balance on the statement from the bank, which action is it appropriate for the person to take first?

The government of Happyland collects $100 million in taxes each year and currently has a public debt of $1.2 billion, which it finances by issuing Treasury bonds that pay 8% per year.

Weaver Chocolate Co. expects to earn $3.50 per share during the current year, its expected dividend payout ratio is 65%, its expected constant dividend growth rate is 6.0%, and its common stock currently sells for $32.50 per share.

GANTT refers to the Generalized Activity Network Tracking Technique which was developed to better understand how variability in the duration of individual activities impacts the expected project duration. a. trueb. false