The following income statement is provided for Grant, Inc. Sales revenue (2600 @ $14.90 per unit)$38,740? Variable costs (2600 @ $6.90 per unit) 17,940? Fixed costs 6900? Net income$13,900? What is this company's magnitude of operating leverage?
A. 1.29
B. 2.16
C. 1.50
D. 2.79
Answer: C
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Jacob Sawyer will deposit $3,000 into a special account each year beginning December 31, 2016, with the last deposit being made on December 31, 2019. Jacob wants to know how much will be in his account on December 31, 2019, immediately after the final deposit, if the account earns 10% compounded annually. To solve the problem, Jacob must find the future value of
A) a single sum. B) a deferred annuity. C) an ordinary annuity. D) an annuity due.
Give an advantage and a disadvantage of the sequential data structure
Parties that seek to challenge agency action must:
a. have standing. b. have exhausted their administrative remedies. c. be a party injured by the agency action. d. All of the above.
Which business type describes Barnes and Noble?
A. Brick-and-mortar business. B. Pure-play business. C. Click-and-mortar business. D. Electronic marketplace.