Wang Co. manufactures and sells a single product that sells for $450 per unit; variable costs are $270 per unit. Annual fixed costs are $800,000. Current sales volume is $4,200,000. Compute the contribution margin ratio.
A. 20.7%.
B. 50.0%.
C. 66.7%.
D. 40.0%.
E. 19.3%.
Answer: D
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Ron, the vice president of HR at Masters Inc., claims that the department's effectiveness has improved since it implemented the use of an HR dashboard. What capabilities of an HR dashboard best explain this improvement?
A. The HR dashboard is used by all the employees. B. The HR dashboard supplies human resource information to managers in their cars. C. The HR dashboard provides an easy-to-scan review of HR performance on a companywide basis. D. The HR dashboard eliminated the need for relational databases. E. The HR dashboard performs computations of routine HR practices.
On January 2, 2016, Hannah Company sold a machine for $1,000 that it had used for several years. The machine cost $12,000, and had accumulated depreciation of $9,000 at the time of sale. What gain or loss will be reported on the income statement for the sale of the machine?
a. Gain of $2,000 b. Loss of $11,000 c. Loss of $2,000 d. Gain of $3,000
I am smart to use my natural appeal on my followers so that I advance my personal agenda. I would be considered ______.
A. a collaborative leader B. an ethical altruistic leader C. a destructive leader D. a utilitarian leader
A table of contents is not recommended for a formal business report
Indicate whether the statement is true or false