On September 30, the Simpson Company reported the following information on its financial statements. What is the amount of the stockholder's equity in the Simpson Company?

The Maine Oyster Company completed the flexible budget analysis for the second quarter, which is given below

Actual Results Flexible Budget Variance Flexible Budget Sales Volume Variance Static Budget Units 12,820 0 12,820 820 F 12,000 Sales Revenue $62,740 $1,300 U $64,040 $3,950 F $60,090 Variable Costs 27,540 620 U 26,920 $1,620 U 25,300 Contribution Margin $35,200 $1,920 U $37,120 $2,330 F $34,790 Fixed Costs 34,240 230 U 34,010 $0 34,010 Operating Income/(Loss) $960 $2,150 U $3,110 $2,330 F $780 Which of the following statements would be a correct analysis of the flexible budget variance for sales revenue? A) decrease in sales price per unit B) increase in variable cost per unit C) increase in sales volume D) increase in fixed costs

Porsche relies on currency hedging rather than price increases in order to:

A) boost pretax profits on sales of its automobiles. B) balance the relative value of the dollar compared to the euro. C) protect all earnings from foreign-exchange movements. D) generate about 45% of its sales in the United States. E) A, B, and C