Gulinson Corporation has two divisions: Division A and Division B. Data from the most recent month appear below: Total CompanyDivision A Division BSales$591,000$222,000 $369,000 Variable expenses 275,580 113,220 162,360 Contribution margin 315,420 108,780 206,640 Traceable fixed expenses 195,000 66,000 129,000 Segment margin 120,420$42,780 $77,640 Common fixed expenses 65,010 Net operating income$55,410 The break-even in sales dollars for Division A is closest to:
A. $184,531
B. $487,179
C. $267,367
D. $134,694
Answer: D
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Which of the following statements about psychographics is most accurate?
A. Psychographics combines psychology, lifestyle, and demographics to uncover consumer motivations for buying and using offerings. B. Although helpful in segmenting markets, psychographics is limited in its ability to target consumers. C. Psychographic data is extremely vulnerable to current social trends and therefore is best suited to new market-product combinations rather than existing ones. D. Psychographics combines demographic data, psychological data, and actual spending data of consumers to create VALS profiles. E. Psychographics is unable to provide actionable information about potential customers since the data obtained from the research is too subjective to be reliably interpreted and acted upon.
Early repayment on fixed rate mortgages is not possible when market rates decline
Indicate whether the statement is true or false.
Forward buying results in
A) a stabilized buying pattern. B) small orders during the promotion period followed by very small orders after that. C) small orders during the promotion period followed by large orders after that. D) large orders during the promotion period followed by very small orders after that.
Annuity A has a greater present value than annuity B when cash flows are discounted using the same positive interest rate for each annuity. Which annuity will have the larger future value if compounded at the same interest rate?
A) Annuity A will have a larger future value. B) Annuity B will have a larger future value. C) The future values will be the same. D) There is not enough information to determine which annuity will have a greater future value.