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NEW QUESTION: 1
Huawei Cloud Container has the advantages of fast startup speed, small resource occupation, and high operating efficiency. It quickly expands capacity and calmly responds to sudden large traffic shocks, which fundamentally avoids "official announcement" downtime.
A. False
B. Right
Answer: B
NEW QUESTION: 2
The entity will pay dividends for the year of:
A. US $10,625
B. US $21.250
C. US $23,125
D. US $42,500
Answer: A
Explanation:
The entity has a dividend payout ratio of 25% of profit. Profit before taxes is US $85,000 [$500,000 sales - $250,000 CGS - $25,000 G&A expenses - $400,000 LT debt x 10% interest rate) - $600,000 fixed assets - 6 years)]. Hence, after-tax profit is US $42,500 [$85,000 x 1.0 - .5)], and the dividend payout is US $10,625 ($42,500 25%).
During the year ended December 31. an entity had US $500,000 in sales revenue and purchased US $150,000 of inventory. The cost of goods sold was US $250,000 for the year, and the entity incurred US $ 25.000 of general and administrative expenses. The January 1 opening balance sheet was as follows:
The cost of long-term debt financing is 10% per annum, payable in one installment on December 31 of each year. The entity has a 50% tax rate. The entity has a dividend payout ratio of 25%. The fixed assets were 1-year old at the start of the current year were originally estimated to have a 6-year useful life. and are being depreciated on the straightline basis.
NEW QUESTION: 3
Which of the following factors is NOT included in most financial statement schemes?
A. Improper asset valuations
B. Fictitious revenues
C. Persuasive Evidence
D. Concealed liabilities and expenses
Answer: C
NEW QUESTION: 4
A decision support system (DSS):
A. is aimed at solving highly structured problems.
B. emphasizes flexibility in the decision making approach of users.
C. supports only structured decision making tasks.
D. combines the use of models with nontraditional data access and retrieval functions.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
DSS emphasizes flexibility in the decision making approach of users. It is aimed at solving less structured problems, combines the use of models and analytic techniques with traditional data access and retrieval functions, and supports semistructured decision making tasks.
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