Which of the following compares actual and baseline duration?
A) cost variance
B) resource variance
C) duration variance
D) work variance
C
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J. Crew offering an easy "how to measure" chart is an example of a website using which type of incentive to encourage online purchases?
A) financial B) convenience C) value-added D) cyberbait
In which stage of the product life cycle will promotional expenditures be significantly high in an attempt to create consumer awareness of a product and its features?
A) product development B) introduction C) growth D) maturity E) adoption
In a peer-review system, the complaint committee consists only of people whose jobs are similar to that of the person filing the complaint.
Answer the following statement true (T) or false (F)
Welker Products sells small kitchen gadgets for $15 each. The gadgets have a variable cost of $4 per unit, and
Welker Products' fixed operating costs are $220,000 per year. Welker Products' capital structure includes 55% debt and 45% equity. Annual interest expense is $25,000, and the corporate tax rate is 35%. a. Calculate the break-even point in units. b. If Welker Products sells 25,000 units, calculate the firm's EBIT and net income. c. If sales increase ten percent from 25,000 units to 30,000 units, estimate the firm's expected EBIT and net income. d. Does Welker Products use operating leverage and/or financial leverage? Explain.