Companies hd and ld have the same tax rate, sales, total assets, and basic earning power. both companies have positive net incomes. both firms finance using only debt and common equity, and total assets equal total invested capital. company hd has a higher total debt to total capital ratio and therefore a higher interest expense. which of the following statements is correct? a. company hd has a lower equity multiplier. b. company hd has a lower roe. c. company hd has a lower times-interest-earned (tie) ratio. d. company hd has more net income. e. company hd pays more in taxes.

What is the relationship between the national response framework and the national incident management system (nims)? a. the national response framework replaces the nims, which is now obsolete. b. the response protocols and structures described in the national response framework align with the nims, and all nims components support response. c. the nims relates to local, state, and territorial operations, whereas the nrf relates strictly to federal operations. d. the nims and the national response framework cover different aspects of incident management—the nims is focused on tactical planning, and the national response framework is focused on coordination.

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Levine inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. direct materials (9 pounds at $1.80 per pound) $16.20 direct labor (6 hours at $14.00 per hour) $84.00 during the month of april, the company manufactures 270 units and incurs the following actual costs. direct materials purchased and used (2,500 pounds) $5,000 direct labor (1,660 hours) $22,908 compute the total, price, and quantity variances for materials and labor.