Which of the Following Is True for a Firm Having

question 36

Multiple Choice

Which of the following is true for a firm having a stock price of $42,and expected dividend of $3,and a sustainable growth rate of 8 percent?

• A) it has a required return of 15.14percent.
• B) it has a dividend payout ratio of 37.5 percent.
• C) it has an ROE of 7.14 percent.
• D) it has a plowback rate of 7.14 percent.

Know the flow of costs in accounting systems, particularly how costs are accumulated and assigned in manufacturing.

Recognize the role and charging mechanism of direct materials, work in process, and finished goods in the cost accounting cycle.

Understand how factory labor costs, including direct and indirect (manufacturing overhead) labor costs, are accounted.

Grasp the treatment of manufacturing overhead costs, including pre-determined rates, application, and the adjustment of over/under applied overhead.

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Definitions:

Psychologists

Professionals in the field of psychology who study mental processes and behavior in humans and animals.

Representative Sample

A subset of a population that accurately reflects the larger group, used to make inferences about the population's characteristics.

Population

All the cases in a group being studied, from which samples may be drawn. (Note: Except for national studies, this does not refer to a country’s whole population.)

Independent Variable

In an experiment, the variable that is manipulated by the researcher to observe its effect on the dependent variable.