Which of the following descriptions of the residual operating income (ROPI) model is inaccurate? A. ROPI analysis focuses on the amount by which shareholder value is created during a period. B. ROPI is positive when NOPAT is higher than WACC × NOABeg. C. ROPI is useful as a management tool as it forces managers to pay attention to both the income statement and the balance sheet. D. One critique of the ROPI model is that it focuses managers' attention solely on short-term operating assets and neglects investment in long-term operating assets. E. None of the above

Adebit card is also know a( a) cash card b) credit card c) gift card d) atm card

Oceanside marine company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. oceanside uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 2 pound per unit; $ 11 per pound direct labor: 2 hours per unit; $ 19 per hour oceanside produced 2 comma 000 units during the quarter. at the end of the quarter, an examination of the direct materials records showed that the company used 7 comma 500 pounds of direct materials and actual total materials costs were $ 98 comma 100. what is the direct materials cost variance? (round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)

Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the par value from the original sale of common stock c. at the current market value of the common stock d. at the curent book value of the common stock