Which of the following are examples of rewards of employment?
A. raises
B. bonuses
C. promotions
D. all of the above
Answer: D
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In the retail inventory method, the cost to retail ratio is equal to the cost of goods sold divided by the retail price of the good sold
Indicate whether the statement is true or false
Parker Co. is preparing next period's forecasts. Total fixed costs are expected to be $300,000 and the contribution margin ratio is expected to be 30%.(a) Calculate the company's break-even point in dollar sales.(b) If sales are $1,800,000 above the break-even point, what will Parker's pretax income be?
What will be an ideal response?
A firm's profit margin is 5%, its debt/assets ratio is 56%, and its dividend payout ratio is 40%. If the firm is operating at less than full capacity, then sales could increase to some extent without the need for external funds, but if it is operating at full capacity with respect to all assets, including fixed assets, then any positive growth in sales will require some external financing.
Answer the following statement true (T) or false (F)
Through the process of strategic planning, a firm establishes an organizational mission and goals, corporate strategy, marketing objectives, and a marketing strategy.
Indicate whether the statement is true or false