Total contribution margin divided by sales revenue is
A) variable cost ratio
B) fixed cost ratio
C) contribution margin ratio
D) sales ratio
E) degree of operating leverage
C
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The total interest cost on thirty-nine, ten-year, 6 percent, $1,000 bonds that are issued at 98 is
a. $24,180. b. $22,620. c. $23,790. d. $23,400.
Early pioneer in online education, University of Phoenix, has faced increasing challenges from traditional university online programs who are able to offer their programs at the same cost. This is an example of which generic strategy gone wrong:
A. Overall cost leadership. B. Low cost leadership. C. Focus strategy. D. Differentiation.
Claims of unequal pay for jobs of comparable worth may be brought under:
a. Title VII. b. The Equal Pay Act. c. OSHA. d. Such claims may be brought under all of the above.
Rugged Boats, Inc., and Whitewater Rafting enter into a contract for a sale of six custom-made rubber rafts. Whitewater pays for the goods, but Rugged does not deliver. Whitewater can use replevin as a remedy if
A. Rugged is lawfully withholding the goods. B. Whitewater cannot effectively cure the defect. C. Whitewater is unable to cover for the goods. D. the goods have not been identified to the contract.