California Lutheran University
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99. Karma Corporation has total assets of $190,000 and total liabilities of $90,000. The 
corporation's debt-to-equity ratio is closest to: 
A. 0.4 
7 
B. 0.9 
0 
C. 0.5 
3 
D. 0.3 
2 
Debt-to-equity ratio = Total liabilities ÷ Stockholders' equity 
= $90,000 ÷ $100,000* = 0.90 
*Stockholders' equity = Total assets - Total liabilities = $190,000 - $90,000 = 
$100,000 
AACSB: Analytic 
AICPA BB: Critical Thinking 
AICPA FN: Measurement 
Blooms: Apply 
Difficulty: 1 Easy 
Learning Objective: ...
109 
. 
At what purchase price for the wheels would Talbot be indifferent 
between making or buying the wheels? 
A. $1.70 per 
wheel 
B. $1.60 per 
wheel 
C. $1.55 per 
wheel 
D. $1.15 per 
wheel 
The company would be indifferent at a price of $1.60 per wheel 
($160,000 ÷ 100,000 wheels). 
AACSB: Analytic 
AICPA BB: Critical Thinking 
AICPA FN: Measurement 
Blooms: Apply 
Difficulty: 3 Hard 
Learning Objective: 12-03 Prepare a make or buy analysis. 
Rama Corporation is presently making part J56...
206 
. 
Ivancevic Inc., which produces a single product, has provided the following data for 
its most recent month of operation: 
The company had no beginning or ending inventories. 
Required: 
Compute the unit product cost under variable costing. Show your work! 
207 
. 
Sproull Inc., which produces a single product, has provided the following data for its 
most recent month of operation: 
The company had no beginning or ending inventories. 
Required: 
a. Compute the unit product cost under ab...
74. Sanes Corporation produces and sells a single product. Data concerning that product 
appear below: 
The unit sales to attain the company's monthly target profit of $19,000 is closest to: 
A. 3,42 
6 
B. 5,83 
3 
C. 3,80 
6 
D. 2,15 
8 
75. A product sells for $10 per unit and has variable expenses of $6 per unit. Fixed expenses 
total $45,000 per month. How many units of the product must be sold each month to 
yield a monthly profit of $15,000? 
A. 6,000 
units 
B. 3,750 
units 
C. 15,000 
...
These are notes that cover Adobe Photoshop, Adobe Illustrator, and Adobe XD.
These are notes that cover Adobe Photoshop, Adobe Illustrator, and Adobe XD.
These are notes that cover Adobe Photoshop, Adobe Illustrator, and Adobe XD.
These are notes that have instructions for Adobe Photoshop, Adobe Illustrator, and AdobeXD
These notes are from the Environment of Business class at CLU. I cover marketing, pricing, distribution, promotion, startup strategies, and more.
These are notes that cover Adobe Photoshop, Adobe Illustrator, and Adobe XD.