The challenge of leaders is to direct the efforts and creativity of everyone in the company toward personal goals
Indicate whether the statement is true or false
FALSE
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A company is currently operating at 75% capacity and producing 3,000 units. Current cost information relating to this production is shown in the table below: Per UnitSales price$43 Direct material$7 Direct labor$6 Variable overhead$4 Fixed overhead$4 The company has been approached by a customer with a request for a 200-unit special order. What is the minimum per unit sales price that management would accept for this order if the company wishes to increase current profits?
A. Any amount over $13 per unit. B. Any amount over $43 per unit. C. Any amount over $21 per unit. D. Any amount over $17 per unit. E. Any amount over $22 per unit.
If the demand for a new bond issue increases, it is likely that the coupon rate will be adjusted
upward by the issuing company. Indicate whether the statement is true or false
There is no limit to the increase in the true rate of interest as compounding becomes more frequent
Indicate whether the statement is true or false.
Joan was skiing when she fell and broke her leg while navigating one of the resort's more difficult slopes. Which of the following is true? A) ?Joan has assumed the risks inherent in skiing and the resort is not liable
B) ?Skiing is a strict liability activity for which the resort always has liability. C) ?The resort is liable because it opted to have difficult slopes available to patrons. D) The resort is liable for failure to groom the slopes.