Millner Corporation has provided the following data from its activity-based costing accounting system:Millner Corporation has provided the following data from its activity-based costing accounting system:.ACTIVITY COST POOLS TOTAL COST TOTAL ACTIVITYDESIGNING PRODUCTS $1,372,4478 7,798 PRODUCT DESIGN HOURSSETTING UP BATCHES 33,300 740 BATCH SET UPASSEMBLING PRODUCTS 126,160 6,640 ASSEBLY HOURSThe activity rate for the "designing products" activity cost pool is closest to:

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.