Match the following statements to involves acquiring the resources necessary to run the business. appropriate terms. distributions of cash from a corporation to its stock holders. select an appropriate term consumed assets or services. select an appropriate term ownership is limited to one person. select an appropriate term officers and others who manage the business. select an appropriate term creditor claims against the assets of the business. select an appropriate term a separate legal entity under state laws. select an appropriate term a report prepared by management that presents financial information. select an appropriate term a section of the annual report that presents management’s views. select an appropriate term future economic benefits. select an appropriate term involves acquiring the resources necessary to run the business

Which of the following is not a consideration when determining your asset allocation

Shelby company produces three products: product x, product y, and product z. data concerning the three products follow (per unit): product x product y product z selling price $ 85 $ 65 $ 75 variable expenses: direct materials 25.50 19.50 5.25 labor and overhead 25.50 29.25 47.25 total variable expenses 51.00 48.75 52.50 contribution margin $ 34.00 $ 16.25 $ 22.50 contribution margin ratio 40 % 25 % 30 % demand for the company’s products is very strong, with far more orders each month than the company can produce with the available raw materials. the same material is used in each product. the material costs $8 per pound, with a maximum of 4,400 pounds available each month. required: a. compute contribution margin per pound of materials used. (round your intermediate calculations and final answers to 2 decimal places.) contribution margin per pound product x $ product y $ product z $ b. which orders would you advise the company to accept first, those for product x, for product y, or for product z? which orders second? third? product x product y product z

Which of these is an example of innovation?