________ leverage is concerned with the relationship between sales revenues and earnings before interest and taxes
A) Investing
B) Operating
C) Variable
D) Total
B
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The Bourbon Street Ice Cream Company discovers that depreciation expense was overstated last year. How should this discovery be reported in the current year?
A) as a reduction in the current year's depreciation expense B) as an increase to the retained earnings beginning balance C) as a miscellaneous item in the Other Revenue/Expense section of the income statement D) as a footnote only to the current year's financial statements
Richland Enterprises has budgeted the following amounts for its next fiscal year: Total fixed expenses $53,000 Selling price per unit $65 Variable expenses per unit $35 If Richland Enterprises can reduce fixed expenses by $18,870, how will breakeven sales in units be affected?
A) Decrease by 629 units B) Increase by 189 units C) Increase by 629 units D) Decrease by 189 units
Which of the following soft skills would a potential employer desire in a paralegal?
A) Communication B) Initiative C) Perseverance D) All of the skills listed
The U.S. Constitution is the supreme law of the United States.
Answer the following statement true (T) or false (F)