Simplify the Numerical Expression $$\frac { 4 } { 9 } \times \frac { 2 } { 7 }$$

question 268

Multiple Choice

Simplify the numerical expression. Give your answer in reduced form. $$\frac { 4 } { 9 } \times \frac { 2 } { 7 }$$

• A) \(\frac { 8 } { 63 }\)
• B) \(\frac { 2 } { 7 }\)
• C) \(\frac { 63 } { 8 }\)
• D) \(\frac { 4 } { 7 }\)
• E) none of these

Analyze the effect of production volume on fixed manufacturing overhead costs.

Understand the implications of purchasing and production decisions on material and labor variances.

Calculate various types of variances such as materials price and quantity variances.

Determine labor rate and labor efficiency variances.

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Definitions:

WACC

Weighted Average Cost of Capital; a calculation of a firm's cost of capital in which each category of capital is proportionately weighted. It represents the average rate that a company is expected to pay to finance its assets.

Cost of Debt

The effective rate that a company pays on its borrowed funds from financial institutions and other sources.

Tax Effects

The impact of taxation on the financial decisions and outcomes of individuals and businesses, including tax liabilities, benefits, and incentives.

Risk-Free Rate

The risk-free rate is the theoretical return on an investment with no risk of financial loss, often represented by the yield on government securities.