Franklin, Inc. has two divisions, Seward and Charles. Following is the income statement for the previous year: Seward CharlesSales$600,000 $400,000 Variable Costs 195,000 250,000 Contribution Margin$405,000 $150,000 Fixed Costs 175,000 170,000 Profit Margin$230,000 $(20,000) Of the total fixed costs, $300,000 are common fixed costs that are allocated equally between the divisions. What is Seward's segment margin?
A. $380,000
B. $230,000
C. $600,000
D. $405,000
Answer: A
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An organization hires a lot of African-American women and a few disabled people in an attempt to avoid discrimination suits filed against it. Which of the following is most likely to occur?
A. The performance of the organization will increase. B. The organization will win an award for equity. C. A white man or a woman will file a reverse discrimination suit. D. There will be an increase in the number of diversity training sessions.
Fashion Jeans, Inc sells two lines of jeans; Simple Life and Fancy Life. Simple Life sells for $85.00 a pair and Fancy Life sells for $100.00 a pair. The company sells all of its jeans on credit and estimates that 60% is collected in the month of the sale, 35% is collected in the following month, and the rest is considered to be uncollectible. The estimated sales for Simple are as follows:
January 20,000 jeans, February 27,500 jeans, and March 25,000 jeans. The estimated sales for Fancy are as follows: January 18,000 jeans, February 19,000, and March 20,500 jeans. What are the expected cash receipts for the month of March? A) $3,988,125 B) $2,505,000 C) $2,125,000 D) $4,175,000
Which of the following emotional regulation strategies is not antecedent focused?
a. Situation selection b. Situation adjustment c. Attention deployment d. Cognitive change
Sven somehow always remains calm when facing difficulties. He prides himself on the ability to rely on his coping abilities. Sven is ______.
a. a highly creative entrepreneur b. high on the self-efficacy scale c. low on the self-efficacy scale d. very efficient in managing his business plan