Palmer Enterprises has a net marketing contribution of $60 million. Its general and administrative expenses and other operating expenses are $20 million and $15 million, respectively. Calculate its operating income
A) $95 million
B) $75 million
C) $45 million
D) $40 million
E) $25 million
E
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In larger organizations that have stock ownership plans, the employees may not see a strong link between their actions and the company's stock price.
Answer the following statement true (T) or false (F)
A review report provides the user with which one of the following types of assurance?
a. Reasonable assurance. b. Basic assurance. c. Absolute assurance. d. Limited assurance.
Australia's topography is:
A. desert except for the central highlands. B. similar to North America's, with dissecting rivers, mountains, and some desert area. C. an inland plain and desert, with population concentrated along the coasts. D. like North Africa's, with population along the water and then desert and mountains.
Which of the following is true about human capital theory?
A. It assumes that people are paid at the value of their reservation wage, not marginal product. B. It assumes that high wages lower labour costs if they reduce the need to supervise employees. C. It assumes employers deliberately design pay levels to signal desired employee behaviours. D. It assumes that improving productivity by investing in training will increase one's marginal product. E. It assumes that job seekers have a reservation wage level below which they will not accept a job offer.