Final Part 2
Question 1
A manager of a cost center is evaluated mainly on
Question 2
Bogey Co. recorded operating data for its Cheap division for the year.
Bogey requires its return to be 10%.
Sales
Controllable margin
Total average assets
Fixed costs
$ 1,400,000
160,000
4,000,000
100,000
What is the ROI for the year?
Question 3
Ratios are used as tools in financial analysis
Question 4
Which of the following is not typically a characteristic experienced by
a company during the growth phase of the corporate life cycle?
Question 5
A master budget consists of
Question 6
The date on which a cash dividend becomes a binding legal obligation
is on the
Question 7
If there were 60,000 pounds of raw materials on hand on January 1,
120,000 pounds are desired for inventory at January 31, and 410,000
pounds are required for January production, how many pounds of raw
materials should be purchased in January?