In order for a firm to recover lost profits in a breach of contract, the firm must produce credible evidence that it would have made such profits

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


True

Business

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A company uses cash to pay all of the following except

a. all of the options are uses of cash b. interest to creditors c. current expenses d. dividends to stockholders

Business

The meaningful information gleaned from data warehouses using software tools is referred to as _____.?

A. raw data B. business intelligence? C. unstructured data D. performance indicators?

Business

Clark was late to work one morning and decided to use the McDonald's drive-through for his morning cup of coffee. Normally a coffee drinker loyal only to Starbucks, Clark was more interested in speed due to his tardiness. Which of the following best describes Clark's shopping situation?

A. Specialty shopping B. Time-crunch shopping C. Comparison shopping D. Distributive shopping E. Convenience shopping

Business

Which of the following formulas is the right formula for calculating contribution margin ratio?

A) Contribution margin ratio = Contribution margin + Net sales revenue B) Contribution margin ratio = Contribution margin / Net sales revenue C) Contribution margin ratio = Contribution margin × Net sales revenue D) Contribution margin ratio = Contribution margin - Net sales revenue

Business