During heaton company’s first two years of operations, the company reported absorption costing net operating income as follows: year 1 year 2 sales (@ $25 per unit) 1,000,000 1,250,000 cost of goods sold (@ $18 per unit) 720,000 900,000 gross margin 280,000 350,000 selling and administrative expenses* 210,000 230,000 net operating income 70,000 120,000 * $2 per unit variable; $130,000 fixed each year. the company’s $18 unit product cost is computed as follows: direct materials $ 4 direct labor 7 variable manufacturing overhead 1 fixed manufacturing overhead ($270,000 ÷ 45,000 units) 6 absorption costing unit product cost $ 18 forty percent of fixed manufacturing overhead consists of wages and salaries; the remainder consists of depreciation charges on production equipment and buildings. production and cost data for the two years are:

What do economists mean when they use the latin expression ceteris paribus?

The following information is available for jase company: market price per share of common stock $25.00 earnings per share on common stock $1.25 which of the following statements is correct? a. the price-earnings ratio is 20 and a share of common stock was selling for 20 times the amount of earnings per share at the end of the year. b. the market price per share and the earnings per share are not statistically related to each other. c. the price-earnings ratio is 5% and a share of common stock was selling for 5% more than the amount of earnings per share at the end of the year. d. the price-earnings ratio is 10 and a share of common stock was selling for 125 times the amount of earnings per share at the end of the year.

(05.04 mc) a 2012 report from the u.s. surgeon general stated: "another common practice is strategically locating tobacco-related marketing materials where young children will be exposed to them. tobacco industry executives acknowledge that products and advertising should be placed at eye level (pollay 2007), but in california, 48% of stores had at least one cigarette marketing item at or below 3 feet from the floor (feighery et al. 2001)." it was also noted that 25% of cigarette displays were next to candy. in addition, a national study found that about one-third of the stores had tobacco ads at low heights. after california banned counter displays, some stores place cigarettes in transparent displays so product brands could still be seen. why did some stores use transparent units to display the cigarettes? (3 points) to comply with the new rules while still encouraging cigarette purchases via visual exposure to ensure children and minors are not exposed to cigarettes and their eye-catching packaging to minimize exposure to humidity, extending the shelf life of the cigarettes' tobacco to reduce the occurrence of shoplifting, since cigarettes are high-revenue items