What are some of the myths about nonprofits?
What will be an ideal response?
• The sector is insignificant
• The sector is unique to the United States – not global
• Nonprofits are small, specializing in narrow domains
• Nonprofits are managed by "do gooders" – not professional managers
• Nonprofit organization challenges are mundane, and not very difficult compared to challenges faced by business
• People who work in nonprofits are underpaid – there is no opportunity for "big money"
• There's no need for business to align itself or partner with nonprofits – those kind of community partnerships don't have any impact on the bottom line and only serve as a drain on the business.
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Contribution margin ratio is the ratio of contribution margin to ________.
A) net sales revenue B) cost of goods sold C) total variable costs D) total fixed costs
On June 18, Burger Corporation entered into a firm commitment to purchase specialized equipment from the Hyabuza Trading Company for ¥80,000,000 on August 20 . The exchange rate on June 1 . is ¥100 = $1 . To reduce the exchange rate risk that could increase the cost of the equipment in U.S. dollars, Burger pays $12,000 for a call option contract. This contract gives Burger the option to
purchase ¥80,000,000 at an exchange rate of ¥100 = $1 on August 20 . On August 20, the exchange rate is ¥93 = $1 . How much did Burger save by purchasing the call option (answers rounded to the nearest dollar)? a. $12,000 b. $48,215 c. $60,215 d. Burger would have been better off not to have purchased the call option.
What are the assumptions underlying cost-volume-profit analysis?
Which of the following is a similarity between conveying bad news electronically and personally??
A) ?Both prevent the misinterpretation of messages. B) ?Both enable immediate feedback. C) ?Both require empathy and tact. D) ?Both reduce the potential for escalation of emotion.