When the constant-growth valuation model is used to find the cost of common stock equity capital, it can easily be adjusted for flotation costs to find the cost of new common stock; the capital asset pricing model (CAPM) does not provide a simple

Emerald Marine Stores Company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor

Emerald uses standard costs to prepare its flexible budget. For the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: Direct materials: 4 pounds per unit; $6 per pound Direct labor: 2 hours per unit; $17 per hour During the first quarter, Emerald produced 4,000 units of this product. Actual direct materials and direct labor costs were $65,000 and $329,000, respectively. For the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 4,000 units. A) $96,000 B) $65,000 C) $16,000 D) $24,000

Which of the following is NOT a reason personal selling so important to small businesses?

a. You can design your message to fit the customer b. You don't have to have outside help like you would in advertising or designing a Website c. You can gain information to help you adapt your product or service d. You can gain information about your customers