A major disadvantage of planning budgets is a. the difficulty in developing such budgets due to the high cost of gathering the necessary information. b. the complexity of planning budgets and the length of time required to prepare them. c. the fact that manufacturing overhead consists primarily of fixed costs. d. the fact that variances between actual results and the planning budget usually are measured by comparing actual costs at one activity level to budgeted costs at a different activity level.

List at least two policies or procedures your company can use to protect the health and safety of employees

On december 31, 2013, coronado company issues 173,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a pre-established price of $10. the fair value of the sars is estimated to be $5 per sar on december 31, 2014; $2 on december 31, 2015; $10 on december 31, 2016; and $8 on december 31, 2017. the service period is 4 years, and the exercise period is 7 years. prepare a schedule that shows the amount of compensation expense allocable to each year affected by the stock-appreciation rights plan.

Bond j has a coupon rate of 6 percent and bond k has a coupon rate of 12 percent. both bonds have 14 years to maturity, make semiannual payments, and have a ytm of 9 percent. a. if interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds?