In 2018, the CEO of General Dynamics (an aerospace and defense company), Phebe Novakovic, received a total compensation of about $20.7 million. This was estimated to be approximately 240 times the median General Dynamics employee's compensation. In 2018, General Dynamic's market value was approximately $47 billion. Which of the following explains why companies are willing to pay so much money for good managers? a. A good manager can increase the value of a company. Even a small change in the value of a large company can mean a significant return to individual shareholders.
b. Top-level management requires extensive training and education so potential executives require a high salary to make up for lost earnings gaining that training.
c. CEOs are always paid significantly more because there are so few people willing to work as a chief executive.

Jodi is trying to save money for a down payment on a house. she invests $6,000 into an account paying 5.5% simple interest. for how long must she save if she needs $7,300 for the down payment? a. 2 years b. 3 years c. 4 years d. 5 years

The cutting department of cassel company has the following production and cost data for july. production costs 1. transferred out 12,300 units. beginning work in process $0 2. started 3,900 units that are 60% materials 62,856 complete as to conversion labor 12,622 costs and 100% complete as manufacturing overhead 23,100 to materials at july 31. materials are entered at the beginning of the process. conversion costs are incurred uniformly during the process. determine the equivalent units of production for (1) materials and (2) conversion costs. materials conversion costs total equivalent units of production link to text link to text compute unit costs. (round unit costs to 2 decimal places, e.g. 2.25.) materials $ conversion costs $ link to text link to text prepare a cost reconciliation schedule. (round unit costs to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 1,225.) cost reconciliation costs accounted for transferred out $ work in process, july 31 materials $ conversion costs total costs $

Newton industries is considering a project and has developed the following estimates: unit sales = 4,800, price per unit = $67, variable cost per unit = $42, annual fixed costs = $11,900. the depreciation is $14,700 a year and the tax rate is 34 percent. what effect would an increase of $1 in the selling price have on the operating cash flow?