The tighter the probability distribution of its expected future returns, the greater the risk of a given investment as measured by its standard deviation.

a. true

b. false

Star Repairs Co. does all the repair work for a medium-sized manufacturer of handheld computer games. The games are sent directly to Star, and after the games are repaired, Star bills the game manufacturer for cost plus a 20 percent markup.

Paul Company completed the salary and wage payroll for the month of March. The payroll provided the following details: Salaries and wages earned by employees $ 212,000 Employee income taxes withheld 42,400 Employee government insurance premiums

Tyare Corporation had the following inventory balances at the beginning and end of May:May 1 - May 30Raw materials : $ 30,500 - $ 40,000Finished Goods : $ 80,000 - $ 76,000Work in Process : $ 18,500 - $ 17,270During May, $63,500 in raw materials

Loster Company reported a net loss of $17,017 for the year ended December 31. During the year, accounts receivable decreased by $7,476, inventory increased by $5,997, accounts payable increased by $15,357, and depreciation expense of $5,495 was

A bottle of wine costs $8 and a quiche costs $5. At Robert’s present levels of consumption, he spends all his income and receives marginal utility of $10 from the last bottle of wine and marginal utility of $4 from the last quiche.

A short-run phillips curve shows an inverse relationship between

Which of the following types of business usually has the fastest inventory turnover? furniture store hardware store store that sells consumer electronics grocery store

A Gantt chart is a horizontal bar chart that shows each work activity on a separate line with the bar placed from the early start date to the early finish date for each activity on a timescale. 1. True 2. False

You run a small auto service shop. Your fixed expenses per week are $1,000 and your average customer invoice is $500 with an associated marginal cost of $300. What is your weekly break-even quantity?

Frontera Company's output for the current period results in a $20,000 unfavorable direct labor rate variance and a $10,000 unfavorable direct labor efficiency variance.