A product has a contribution margin of $6 per unit and a selling price of $25 per unit. Fixed costs are $30,000. Assuming new technology increases the unit contribution margin by 70 percent but increases total fixed costs by $23,040, what is the new breakeven point in units? (Do not round intermediate calculations.)
A. 5200 units
B. 5250 units
C. 5000 units
D. 5670 units
Answer: A
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Sandy Shores, Inc reported the following amounts in its financial statements: 2017 2016 Average merchandise inventory $ 200,000 $ 120,000 Cost of goods sold 4,000,000 3,000,000 From 2016 to 2017, the company's management of inventory is
a. declining, because the number of days' sales in inventory is getting larger. b. increasing, because the number of days' sales in inventory is getting larger. c. declining, because the number of days' sales in inventory is getting smaller. d. increasing, because the number of days' sales in inventory is getting smaller.
Which of the following statements is true about apparent authority?
A. If the agent justifiably believed he or she had authority, this authority would be apparent. B. Only a general agent can have apparent authority. C. If a third party justifiably believed the agent had authority, the agent's authority would be apparent. D. Only a special agent can have apparent authority.
As identified by the GLOBE study, ______ is the ability to inspire, motivate and to expect high performance outcomes from others based on firmly held core values.
a. participative leadership b. charismatic/value-based leadership c. transformational leadership d. transactional leadership
A company has been receiving complaints about the attitude of some sales clerks. Over a 10-day period, the total number of complaints was 250. The company wishes to develop a control chart for the number of complaints
What would the lower control limit on the number of complaints per day be for a 3 sigma (99.7%) control chart? A) 20 B) 0 C) 15 D) 10 E) 202.6