If the actual level of activity is 4% less than planned, then the fixed costs in the static budget should be decreased by 4% before comparing them to actual costs.

a. True

b. False

Factor mobility aids in economic development when a region suffers a natural disaster such as an earthquake or tornado. a technological advance causes some firms to go out of business. there is an increase in both outsourcing and insourcing.

Originally, food cooperatives were formed to provide better prices for farmers. These groups now cooperatively buy farm equipment and other products, and realize economies of scale by banding together for these things. (A) True (B) False

The net present value of a project is zero. The minimum desired rate of return used to obtain the net present value is 8%. Which of the following statements is TRUE? A. The project is desirable if the minimum desired rate of return is 6%. B.

Your credit score is 635 and the credit union prefer 640 or better to give a you a loan

The following financial ratios and calculations were based on information from Kohl Co.'s financial statements for the current year.

Peter calls his friend Lily to borrow $500. On the side of a box, Peter writes and signs a note stating he will pay back the $500 as long as Lily allows him to use her car until he gets a job.

The most recent financial statements for Alexander Co. are shown here: Income Statement Balance Sheet Sales $ 42,800 Current assets $ 17,500 Long-term debt $ 37,000 Costs 35,500 Fixed assets 68,300 Equity 48,800 Taxable income $ 7,300 Total $ 85,800

Steps that explain exactly what you are going to do to reach your goal are called

The following information is available for Splish Brothers Corp. for the year ended December 31, 2022.

Which of the following is true regarding internal customers of an organization? They buy products or services for their own personal use. They receive goods or services from someone within the organization.