In codes, code symbols may represent ________
A) complete words
B) complete phrases
C) individual letters
D) All of the above
Answer: D
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For each of the following, determine the amount of net income or net loss for the year. (a) Revenues for the year totaled $88,500 and expenses totaled $40,500. The owner made an additional investment of $15,000 during the year. (b) Revenues for the year
totaled $175,000 and expenses totaled $220,500. The owner withdrew $40,000 during the year. (c) Revenues for the year totaled $109,000 and expenses totaled $46,000. The owner invested an additional $12,000 and withdrew $16,000 during the year. (d) Revenues for Konner Co totaled $223,800 and expenses totaled $221,300. Cash withdrawals of $35,000 were paid during the year.
Assume that Microsoft and Sony both plan to introduce a new hand-held video game. Microsoft plans to use a heavily automated production process to produce its product while Sony plans to use a labor-intensive production process. The following revenue and cost relationships are provided:
Required: (a) Compute the contribution margin per unit for each company.(b) Prepare a contribution income statement for each company assuming each company sells 8,000 units.(c) Compute each firm's net income if the number of units sold increases by 10%.(d) Which firm will have more stable profits when sales change? Why?
What will be an ideal response?
Companies use marketing research to:
A. evaluate internal production processes. B. identify external opportunities and threats. C. devalue the demands of consumers. D. limit accessibility of their products for select customers.
In University and Community College System of Nevada v. Farmer, in order to remedy the racial imbalance, the University of Nevada instituted the:?
A) ?minority bonus policy B) ?Wonderlic Personnel Test. C) ?Bennett Comprehension Test. D) ?Negative Role Model policy.