The typical relationship between variable costs and volume may be described best as follows:
a. Costs increase in an erratic, unpredictable fashion with changes in volume.
b. Costs stay fairly constant with changes in volume.
c. Costs increase with changes in volume up to a certain point and then remain constant.
d. Costs increase in direct proportion to increases in volume.
D
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______ consists of the components that lie beneath the surface of an organization, such as company values and assumptions.
A. Competing culture B. Observable culture C. Hierarchy culture D. Unobservable culture
According to the Minnesota twin studies, what percentage of occupational choice is due to heredity?
A. 0% B. 30% C. 50% D. 80%
Persuasive requests differ from routine requests in that
a. persuasive arguments need to be presented at the beginning of the message. b. routine requests require a forceful approach. c. routine requests begin with details and explanations first. d. persuasive messages are shorter in length.
Mr. Gordon, a resident of Pennsylvania, paid $20,000 for a bond issued by Delaware. This year, he received $800 of interest on the bond. His marginal state tax rate is 7%, and under Pennsylvania law, interest on debt obligations issued by another state is taxable. Mr. Gordon can deduct state income tax on his federal return, and his marginal federal tax rate is 35%. Compute his after-tax rate of return on the bond.
A. 3.825% B. 3.725% C. 4% D. 2.420%