The cost of the business process is the cost of the inputs plus the cost of the outputs.
Answer the following statement true (T) or false (F)
False
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Operating leverage refers to
A) the additional chance of insolvency borne by the common shareholder. B) financing a portion of the firm's assets with securities bearing a fixed rate of return. C) a high degree of variable costs of production. D) the incurrence of fixed operating costs in the firm's income stream.
In terms of good management, efficiency differs from effectiveness primarily in the former's focus on
A. shareholder profits. B. employee turnover. C. customer satisfaction. D. customer retention. E. resource utilization.
Mr. McCann died this year. During his lifetime, he made taxable gifts significantly in excess of his lifetime transfer tax exclusion. Mr. McCann's taxable estate was $21.9 million. Compute the estate tax on this estate.
A. $6.660 million B. $7.665 million C. $8.760 million D. The facts are insufficient to compute the estate tax.
________ are positive trends in the external environment.
A. Strengths B. Threats C. Weaknesses D. Opportunities