Brush Industries reports the following information for May: Sales$910,000 Fixed cost of goods sold 102,000 Variable cost of goods sold 252,000 Fixed selling and administrative costs 102,000 Variable selling and administrative costs 127,000 Calculate the operating income for May under absorption costing. Multiple Choice $327,000 $531,000 $658,000 $556,000 $354,000

Which of the following is a disadvantage of equity alliances when compared to non-equity alliances? 1. they are reflective of weaker ties between firms.2. they do not permit the exchange of explicit knowledge.3. they are more likely to bring about lack of trust and commitment.4. they require significantly higher levels of investment.

Gary lives in an area that receives high rainfall and thunderstorms throughout the year. which device would be useful to him to maintain his computer?

Aggart technologies is considering issuing new common stock and using the proceeds to reduce its outstanding debt. the stock issue would have no effect on total assets, the interest rate taggart pays, ebit, or the tax rate. which of the following is likely to occur if the company goes ahead with the stock issue? a. the roa will decline.b. taxable income will decline.c. the tax bill will increase.d. net income will decrease.e. the times-interest-earned ratio will decrease