The Rockies Division operates as a profit center. It reports the following for the year ending December 31, 2020. Budgeted Actual Sales $1,988,200 $1,838,400 Variable costs 791,200 750,400 Controllable fixed costs 557,200 557,200 Noncontrollable fixed costs 259,500 259,500 Prepare a responsibility report for the Rockies Division at December 31, 2020.

University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.

Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst

Why is investing in a mutual fund less risky than investing in a particular company’s stock?