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NEW QUESTION 30
Selected data for Bittner, inc is shown below (in thousands)

• A. 52.73%
• B. 47.75%
• C. 52.25%
• D. 4727%

Answer: D

 

NEW QUESTION 31
An accounting manage’ is deciding which performance measurement tool would be most appropriate to compare firms within their company s industry given that the firms vary in size significantly. Which one of the following analysis methods would be the most appropriate?

• A. Sensitivity analysis
• B. Cash flow analysis
• C. Vertical analysis
• D. Horizontal analysis

Answer: C

 

NEW QUESTION 32
Slam-Dunk Shoes has 5,000 pairs or damaged shoes in inventory. The cost of these shoes was $51,000. in their present condition, the shoes may be sold at clearance prices for $29,000 Slam-Dunk can have the shoes repaired at a cost of $77,000 after which they can be sold for $100,000. What is the opportunity cost of selling the shoes in their present damaged condition?

• A. $71.000
• B. $23.000
• C. $77, 000
• D. $100, 000

Answer: B

 

NEW QUESTION 33
Below is the income statement and balance sheet for a retail corporation.

What is the corporation’s debt to total capital in year 2?

• A. 71%
• B. 6%
• C. 19%
• D. 41%

Answer: C

 

NEW QUESTION 34
……

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