The Butler Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Butler Company uses the high-low method and has decided to use it in this situation. Month Cost Hours January $40,000 $3,500 February $24,400 $2,000 March $31,280 $2,450 April $36,400 $3,000 May $44,160 $3,900 June $42,400 $3,740 What is the estimated total cost at an operating level of 2,850 hours?

You are chairman of the board of a successful technology firm. there is a nominal federal corporate tax rate of 35 percent, yet the effective tax rate of the typical corporation is about 12.6%. your firm has been clever with use of transfer pricing and keeping money abroad and has barely paid any taxes over the last 5 years; during this same time period, profits were $28 billion. one member of the board feels that it is un-american to use various accounting strategies in order to avoid paying taxes. others feel that these are legal loopholes and corporations have a fiduciary responsibility to minimize taxes. one board member quoted what the ceo of exxon once said: “i’m not a u.s. company and i don’t make decisions based on what’s good for the u.s.” what are the alternatives? what are your recommendations? why do you recommend this course of action?

What two things do you consider when evaluating the time value of money

Which of the following is the best example of substitution? a. movie producers begin making more comedies because they cost less to make than action films. b. people walk out before the end of a movie because the acting and the plot are terrible. c. people at the movie theater switch from popcorn to candy because popcorn has gotten too expensive. d. more people begin going to matinee movies instead of night movies to save money on the tickets.