Dalton is studying how to become a critical thinker. Please answer the questions below.
Dalton also learns that being generally negative, scornful, and distrusting of other people is a sign of being ____.
A. confident
B. cynical
C. ethical
D. emotional
Answer: B
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What will be an ideal response?
The following information was taken from the segmented income statement of Restin, Inc., and the company's three divisions: Restin, Inc.Los Angeles DivisionBay Area Division Central Valley DivisionRevenues$750,000 $200,000 $235,000 $325,000 Variable operating expenses 410,000 110,000 120,000 180,000 Controllable fixed expenses 120,000 65,000 75,000 70,000 Noncontrollable fixed expenses 60,000 15,000 20,000 25,000 In addition, the company incurred common fixed costs of $18,000Assume that the Los Angeles division increases its promotion expense, a controllable fixed cost, by $10,000. As a result, revenues increased by $50,000. If variable expenses are tied directly to revenues, the new Los Angeles segment contribution margin is:
A. $12,500. B. $50,000. C. $22,500. D. $32,500. E. $60,000.
Instrument independence means the central bank is free from
A) political pressure regarding how it uses the tools of monetary policy. B) political pressure regarding the goals it pursues. C) both A and B of the above. D) neither A nor B of the above.
"Big savers" focus their budget decisions on
A) reducing expenses. B) increasing income. C) spending most of their income. D) saving most of their income.