Marvin company negotiated the purchase of a new building for $250,000. marvin paid a $100,000 down payment and will pay off the remainder over seven years. what affect does this transaction have on the accounting equation? a. $250,000 net increase in assets and $150,000 increase in liabilities b. $100,000 net increase in assets and $100,000 increase in liabilities c. $100,000 net decrease in assets and $150,000 decrease in liabilities d. $150,000 net increase in assets and $150,000 increase in liabilities

Which of the following actions would be most likely to reduce potential conflicts of interest between stockholders and bondholders? a) compensating managers with stock options, b) financing risky projects with additional debt, c) the threat of hostile takeovers, d) the use of covenants in bond agreements that limit the firm's use of additional debt and constrain managers actions, e) abolishing the security and exchange commission

Oceanside marine company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. oceanside uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 2 pound per unit; $ 11 per pound direct labor: 2 hours per unit; $ 19 per hour oceanside produced 2 comma 000 units during the quarter. at the end of the quarter, an examination of the direct materials records showed that the company used 7 comma 500 pounds of direct materials and actual total materials costs were $ 98 comma 100. what is the direct materials cost variance? (round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)

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