Avoidable costs are important for
a. sales mix decisions.
b. pricing decisions for special orders.
c. sell or process-further decisions.
d. decisions to eliminate unprofitable segments.
D
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Which of the following types of short-term credits increase automatically as a firm's operations expand?
A. Promissory notes B. Lines of credit C. Commercial paper D. Compensating balances E. Accruals
The following returns were earned last year: Fund A, 10%, Fund B, 20%, the overall market, 11%. Fund A's beta was 0.8 while Fund B's was 2.0. Therefore, both funds would have been good investments
Indicate whether the statement is true or false
Which of the following is an example of transactional information?
A. Withdrawing cash from an ATM. B. Making an airline reservation. C. Purchasing stock. D. All of the above.
Match the term with its definition.
A. B. Sales less the cost of goods sold C. Agreements to repay cash amounts borrowed from banks or other lending sources, plus interest, for periods longer than 12 months D. Earnings that may be distributed to the owners or reinvested in the company E. Earnings after operating expenses but before interest and taxes are paid F. Profits as a percentage of sales G. Earnings after operating expenses and interest expenses but before taxes H. A measure of how efficiently a firm is using its assets to generate sales