A credit card issuer charges an APR of 14.84%, and its billing cycle is 30 days long. What is it's periodic interest rate?

A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (10,000 units) : Direct materials $ 80,000 Direct labor 120,000 Variable factory overhead 140,000 Fixed factory overhead 40,000

Haskins Products sells 2,000 kayaks per year at a sales price of $470 per unit. Haskins sells in a highly competitive market and uses target pricing. The company has calculated its target full product cost at $720,000 per year.

If the Fed desired to reduce the federal funds rate a. it would conduct an open market sale, reducing reserve supply. b. it would conduct an open market sale increasing reserve demand. c.

Which of the following statements is correct concerning the Days' sales in raw materials inventory? a. A measure of how long it takes raw materials to be used in production. b. The ratio is not useful for a manufacturer. c.

Arcs and Triangles paid an annual dividend of $1.47 a share last month. The company is planning on paying $1.55, $1.63, and $1.65 a share over the next three years, respectively. After that, the dividend will be constant at $1.70 per share per year.

Leno Company sells goods to the Fallon Company for $10,000. It offers credit terms of 2/10, n/30. If Fallon Company pays the invoice within the discount period, Leno Company will record a debit to Cash in the amount of: A. $10,200. B. $10,000. C.

How much do community college professors get paid?

To determine the true cash balance Multiple Choice a. add bank collections of depositors' accounts receivable to the unadjusted book balance. b. subtract bank service charges from the unadjusted book balance. c.

Buying inventory in large lots to take advantage of quantity discounts can be responsible for a high inventory turnover ratio. True/False

The internal rate of return is the: Select one: a. Discount rate that results in a zero net present value for the project. b. Rate of return required by the project's investors. c. Project's current market rate of return. d. None of these choices. e.