The payback method provides management with valuable information about the time period in which the cash invested will be recouped

Indicate whether the statement is true or false


TRUE

Business

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Cameron Corp Cameron Corp has the following product information: Sales price $20 per unit Contribution margin ratio 35% Fixed costs $59,500 Refer to the Cameron Corp information above. How many units need to be sold in order to earn a target profit of $299,950?

A) 42,850 units B) 51,350 units C) 34,350 units D) 125,808 units

Business

________ are negotiated between two governments and obligate the host government to extend fair and nondiscriminatory treatment to investors from the other country

A) Joint ventures B) Bilateral investment treaties C) Act-of-state doctrines D) Sovereign immunity doctrines

Business

Robert Donat created a new hardware/software solution by drawing upon his knowledge from working in two diverse areas—the Army and hedge funds. His previous experience and knowledge played a role in his success. What term describes the factor that motivated him to start a business in the first place?

a. intuition b. innovation c. mindset d. resiliency

Business

Which one of the following statements represents an advantage of the P system over the Q system?

A) Less safety stock is carried to achieve the same service level. B) The replenishment intervals can be more easily individualized for items. C) Orders can be more easily combined to the same supplier. D) A P system is more suitable for quantity discounts and capacity limitations.

Business