Risoner company plans to purchase a machine with the following conditions: purchase price = $300,000. the down payment = 10% of purchase price with remainder financed at an annual interest rate of 16%. the financing period is 8 years with equal annual payments made every year. the present value of an annuity of $1 per year for 8 years at 16% is 4.3436. the present value of $1 due at the end of 8 years at 16% is .3050. the annual payment (rounded to the nearest dollar) is
a. $39,150
b. $43,200
c. $62,160
d. $82,350

Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.

Is exploiting a distinctive competence or improving efficiency for competitive advantage. (a) cooptation (b) coalition (c) competitive intelligence (d) competitive aggression (e) smoothing

Which of the following tends to result in a decrease in the selling price of houses in an area? a. an increase in the population of the city or town. b. an increase in the labor costs of construction. c. an increase in the income of new residents in the city or town. d. an increase in mortgage interest rates.