, 22.07.2021 09:40, isabelsmhl

# Use the data given below to answer the following question(s). Following is an extract from the database of a construction company. The table shows the height of walls in feet and the cost of raising them. The estimated simple linear regression equation is given as Ŷ = b0 + b1X. (Hint: cost is the function of height) Height (ft) Cost (\$) 4 670 3 430 7 810 9 1100 6 790 8 880 5 760 11 1200 10) What is the value of the coefficient b0? A) -2.25321 B) 0.010697 C) 254.8371 D) 86.81704 11) What is the value of the coefficient b1? A) 86.81704 B) 254.8371 C) 0.010697 D) -2.14625

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Distinguish direct costs from indirect costs. a. direct costs are related to the particular cost object and can be traced to that cost object in a cost-effective way while indirect costs are related to the particular cost object but cannot be traced to that cost object in a cost-effective way. b. direct costs include the acquisition costs of all materials that eventually become part of the cost object and can be traced to the cost object in an economically feasible way while indirect costs include compensation of all manufacturing labor that can be traced to the cost object in an economically feasible way. c. direct costs are historical or past costs incurred while indirect costs are predicted or forecasted costs. d. direct costs are those that change in total in proportion to changes in the related level of total activity or volume while indirect costs are those that remain unchanged in total for a given time period, despite wide changes in the related level of total activity or volume.
Which of the following statements is correct? a. two firms with identical sales and operating costs but with different amounts of debt and tax rates will have different operating incomes by definition. b. free cash flow (fcf) is, essentially, the cash flow that is available for interest and dividends after the company has made the investments in current and fixed assets that are necessary to sustain ongoing operations. c. retained earnings as reported on the balance sheet represent cash and, therefore, are available to distribute to stockholders as dividends or any other required cash payments to creditors and suppliers. d. if a firm is reporting its income in accordance with generally accepted accounting principles, then its net income as reported on the income statement should be equal to its free cash flow. e. after-tax operating income is calculated as ebit(1 - t) + depreciation.