Which of the following is a true statement?
a. the dividends-earnings ratio is a key factor that serious investors use to evaluate stock investments.
b. the price-earnings ratio for a corporation must be studied for one period only.
c. the price-earnings ratio is based on the company's dividends.
d. the price-earnings ratio for one firm may be compared to the price-earnings ratio for all firms.

What does the phrase limited liability mean in a corporate context?

Accublade castings inc. casts blades for turbine engines. within the casting department, alloy is first melted in a crucible, then poured into molds to produce the castings. on may 1, there were 230 pounds of alloy in process, which were 60% complete as to conversion. the work in process balance for these 230 pounds was $32,844, determined as follows: exercises during may, the casting department was charged $350,000 for 2,500 pounds of alloy and $19,840 for direct labor. factory overhead is applied to the department at a rate of 150% of direct labor. the department transferred out 2,530 pounds of finished castings to the machining department. the may 31 inventory in process was 44% complete as to conversion. prepare the following may journal entries for the casting department: the materials charged to production the conversion costs charged to production the completed production transferred to the machining department determine the work in process"casting department may 31 balance.

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