1. Classify each of the following as a claim of fact, value, or policy. a. Solar power could supply 20 percent of the energy needs now satisfied by fossil fuel and nuclear power. b. Violence on television produces violent behavior in children who watch more than four hours a day. c. Both intelligent design and evolutionary theory should be taught in the public schools. d. Some forms of cancer are caused by viruses. e. Dogs are smarter than cats. f. The money that our government spends on foreign aid would be better spent solving domestic problems like unemployment and homelessness. g. Wherever the number of illegal aliens increases, the crime rate also increases. h. Movie sequels are generally inferior to their originals. i. Tom Hanks is a more versatile actor than Tom Cruise. j. Adopted children who are of a different ethnic background than their adoptive parents should be raised with an understanding of the culture of their biological parents. k. Average yearly temperatures in North America are already being affected by climate change. l. Human activity is the primary cause of climate change.

If the government is required to balance the budget and the economy falls into a recession, which of the actions is a feasible policy response? cut taxes to encourage consumer spending invest in infrastructure increase government spending to stimulate the economy cut spending equal to the reduction in tax revenue what is a likely consequence of this policy? unemployment falls due to the economic stimulus. the negative consequences of the recession are magnified. consumer spending increases due to their ability to keep more of their after-tax income. there is hyperinflation due to an increase in aggregate demand.

What is the most important type of decision that the financial manager makes?

Salty sensations snacks company manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. the company has budgeted the following costs for the upcoming period: 1 factory depreciation $33,782.00 2 indirect labor 84,456.00 3 factory electricity 8,446.00 4 indirect materials 40,356.00 5 selling expenses 26,900.00 6 administrative expenses 17,200.00 7 total costs $211,140.00 factory overhead is allocated to the three products on the basis of processing hours. the products had the following production budget and processing hours per case: budgeted volume (cases) processing hours per case tortilla chips 3,600 0.25 potato chips 5,300 0.11 pretzels 2,300 0.49 total 11,200 required: a. determine the single plantwide factory overhead rate.* b. use the factory overhead rate in (a) to determine the amount of total and per-case factory overhead allocated to each of the three products under generally accepted accounting principles. refer to the amount descriptions list provided for the exact wording of the answer choices for text entries.* * if required, round your answers to the nearest cen