Which of the following is a description of a public firm acquired by a private equity investment?
A) Public shares are retired.
B) A public company goes private.
C) The firm is no longer subject to controls and oversight required of publicly held companies.
D) All of the above are correct.
D
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The following budget data pertain to the Machining Department of Yolkenverst Co.:
Maximum capacity 60,000unitsMachine hours per unit 2.50 Variable factory overhead$3.60per machine hourFixed factory overhead$433,500 The company prepared the budget at 85% of the maximum capacity level. The department uses machine hours as the basis for applying standard factory overhead costs to production. During the year the Machining Department produced 50,000 units, consuming 127,500 machine hours and incurring $433,500 of fixed overhead. For the current year the department has a fixed overhead production volume variance, rounded to the nearest whole dollar, of:
________ can be used to assess the environmental impacts associated with a product's life from cradle to grave
A) CRM B) SRM C) LCA D) MRP