Analysts often use a company's dividend growth rate as a measurement for it P/E ratio
Indicate whether the statement is true or false.
TRUE
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Bentley Manufacturing, Inc provided the following information for the year
Purchases-Raw Materials $90,000 Plant Utilities and Insurance 67,500 Indirect Materials Used 11,040 Indirect Labor 4,420 Direct Materials Used in Production 99,000 Direct Labor 119,500 Depreciation on Factory Plant and Equipment 5,000 Cost of Goods Manufactured 291,500 The inventory account balances as of January 1 are given below. Raw Materials Inventory $46,000 Work-in-Progress Inventory 1,000 Finished Goods Inventory 50,000 What is the ending balance in the Work-in-Process Inventory account? A) $15,960 B) $1,000 C) $50,000 D) $45,000
Which of the following is a defensive strategy that often occurs in the late and mature stages of the product life cycle when growth potential is limited and competitive position is set?
A) an optimize position strategy B) a vertical integration strategy C) an invest to improve position strategy D) an invest to grow strategy E) a new market entry strategy