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Which of the following is a measure of liquidity? ONet profit rate O Days in inventory O Return on investment O Debt ratio Gross
Which of the following is a measure of liquidity? ONet profit rate O Days in inventory O Return on investment O Debt ratio Gross profit rate Which of the following use data from the balance sheet as well as the income statement? O Debt ratio O Gross profit ratio Current ratio O Average collection period O Times interest earned ratio The Rose Company developed the following standards for the manufacture of its product: Each unit should have 1.5 pounds of direct materials purchased at $8 per pound. Each unit should be produced in 1 minute at a direct labor cost of $12 per hour.' Actual production was 30,000 units using 44,000 pounds of direct materials at a total cost of $355,000 and required 580 direct labor hours at a total cost of $7,200. What was the total direct labor variance for the company? Use a positive number to indicate a favorable variance or a negative number to indicate an unfavorable variance. The cash payback period would always consider how many of the following? Initial investment Operating cash inflows Operating cash outflows Salvage value 2 O 1 O 3 00 04
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