When evaluating a project, a firm's managers should select projects whose cash flows
A) exceed some target cash flow level set by management.
B) result in a return that exceeds the cost of funds to finance the project.
C) have the lowest NPVs after discounting cash flows by the project's capital cost.
D) are subject to less risk than competing projects.
E) produce higher returns than the firm's average cost of capital.
E
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Zero Company's standard factory overhead rate is $3.73 per direct labor hour (DLH), calculated at 90% capacity = 700 standard DLHs. In December, the company operated at 80% of capacity, or 622 standard DLHs. Budgeted factory overhead at 80% of capacity is $3,020, of which $1,540 is fixed overhead. For December, the actual factory overhead cost was $3,900 for 700 actual DLHs, of which $1,290 was for fixed factory overhead.
Under a four-way breakdown (decomposition) of the total overhead variance, what is the variable factory overhead spending variance for Zero Company for December (to the nearest whole dollar)? (Round your intermediate calculation to 2 decimal places.)
Christopher Corp is preparing its statement of cash flows using the indirect method
It provides the following information about transactions for the year: Plant assets, net-beginning balance: $111,000 Plant assets, net-ending balance: $148,000 Equipment was purchased for $65,000. Equipment with a net asset value of $12,000 was sold for $18,000. Depreciation Expense of $16,000 was recorded during the year. What was the amount of net cash provided by (used for) investing activities? A) $(47,000 ) B) $47,000 C) $(63,000 ) D) $(39,000 )