Chapter 9.2, Problem 2CC

Hello Can you show how to calculate the compensating balance requirement? In my solution guide i have this: 76/953 = 7.975% My question: Why do we devide 76/953 and not say 1076/953 to calulate the effective annual cost?

What is the average payment period of PETRON? NOTE: PLEASE SHOW YOUR SOLUTION AND DONT USE EXCEL

Explain why using the direct write-off method is better than the allowance method?

I need to know how to find the FIFO, LIFO, and Average Cost. Also, don't understand what the last question is asking.

When should a segment be dropped? A. only when the decrease in total contribution margin is less than the decrease in fixed cost B. only when the decrease in total contribution margin is equal to fixed cost C. only when the increase in total contribution margin is more than the decrease in fixed cost D. only when the decrease in total contribution margin is less than the decrease in variable cost

“A company should not allocate costs that are fixed in the short run to customers.” Do you agree? Explain briefly.

Select the correct statement regarding fixed costs. A) Because they do not change, fixed costs should be ignored in decision making.B) The fixed cost per unit decreases when volume increases. C) The fixed cost per unit increases when volume increases.D) The fixed cost per unit does not change when volume decreases

The potential benefit of one alternative that is lost by choosing another is known as a. An alternative cost. d. An opportunity cost. b. A sunk cost. e. An out-of-pocket cost. c. A differential cost.

If insurance rates are increased, what effect will this change in fixed costs have on the break-even point?