The degree of operating leverage in a company is smallest at the break-even point and increases as sales rise.
Answer the following statement true (T) or false (F)
True
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Which one of the following equations represents retained earnings activity?
a. Beginning balance + net income + dividends = profits for the year b. Beginning balance + cash inflows – cash outflows = ending balance c. Beginning balance + dividends – net income = ending balance d. Beginning balance + net income – dividends = ending balance
Answer the following statements true (T) or false (F)
1. Ethnicity is related to factors such as skin, hair, or eye color, whereas race is associated with sociological factors such as nationality, culture, language, and ancestry. 2. As stated in the textbook, it is illegal to fire employees for being lesbian, gay, bisexual, and transgender in all of the United States. 3. According to the Developmental Model of Intercultural Sensitivity, a person is in the acceptance stage when she has a deep understanding of her own and others’ cultural identities and appreciates the value of different cultural perspectives. 4. Individual differences are the various behavioral similarities and differences between people. 5. Self-esteem is our belief in our ability to succeed in a specific task or situation.
Which of the following is true about a partnership?
A) It must be created in writing. B) It can only be created orally. C) It must be created among three people. D) It can be created in writing.
Horizontal analysis is also known as:
A. Variance analysis. B. Liquidity analysis. C. Trend analysis. D. Revenue analysis.