J. c coats inc. carefully develops standards for its coat making operation. its specifications call for 2 square yards of wool per coat. the budgeted price of wool is $44 per square yard. the actual price for the wool was $36 and the usage was only 1.70 yards of wool per coat. what would be the standard cost per output for the wool? a.$61.20 per coat b.$72.00 per coat c.$88.00 per coat d.$74.80 per coat

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.