Tennill Inc. has a $1,400,000 investment opportunity with the following characteristics: Sales$4,480,000 Contribution margin ratio  40% of salesFixed expenses$1,657,600 ?The ROI for this year's investment opportunity considered alone is closest to:

A. 128.0%
B. 8.1%
C. 9.6%
D. 3.0%


Answer: C

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Use the information below for Dakota Corp for 2016 and 2017 to answer the following question. Bonds payable, December 31, 2016 $500,000 Bonds payable, December 31, 2017 800,000 Loss on bond retirement—2017 15,000 Interest expense on bonds—2017 45,000 At the end of 2017, Dakota issued bonds at par value for $800,000 cash. The proceeds from these bonds were used to retire the $500,000 bond

issue outstanding at the end of 2016 (before their maturity date). All interest expense was paid in cash during 2017. How much did Dakota pay to retire the $500,000 bond issue during 2017? a. $485,000 b. $500,000 c. $515,000 d. $560,000

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Answer the following statements true (T) or false (F)

1. Demographic forces include influences on an organization arising from changes in the characteristics of a population, such as age or ethnic origin. 2. Political-legal forces are changes in the economic, political, legal, and technological global system that may affect an organization. 3. The economic integration of the European Union can best be considered part of the economic forces. 4. A situation in which you have to decide whether to pursue a course of action that may benefit you or your organization but that is unethical or even illegal is called a moral challenge.

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Which of the following is NOT true of the Sophists?

A) They were masters of rhetoric and reasoning. B) They established a model for today's lobbyists. C) They gathered in the amphitheaters to extol the virtues of political candidates. D) They were not elected to leadership positions because they were good speakers.

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Most forms of speech are protected by the strict or exacting scrutiny standard

a. True b. False Indicate whether the statement is true or false

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