The use of strong contracts with suppliers, labor unions, etc., is an example of what?

a. Risk enhancement
b. Risk elimination
c. Risk mitigation
d. Risk conduction


c. Risk mitigation

Business

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Unappropriated Retained Earnings will decrease because of net losses, declarations of cash or stock dividends, and appropriations

a. True b. False Indicate whether the statement is true or false

Business

Which of the following sets of factors is needed to calculate depreciation on plant and equipment?

a. The asset's acquisition cost, replacement cost, and its estimated residual value b. The estimated residual value of the asset, its replacement cost, and its market value c. The asset's replacement cost, its estimated life, and its estimated residual value d. The estimated life of the asset, its acquisition cost, and its estimated residual value

Business

Serie Inc. reported the following results from last year's operations:   Sales$16,800,000Variable expenses 10,640,000Contribution margin 6,160,000Fixed expenses 5,488,000Net operating income$  672,000Average operating assets$7,000,000At the beginning of this year, the company has a $2,100,000 investment opportunity with the following characteristics: Sales$2,520,000 Contribution margin ratio  50% of salesFixed expenses$1,108,800 The margin for this year's investment opportunity considered alone is closest to:

A. 44.0% B. 6.0% C. 56.0% D. 50.0%

Business

Define derived demand and give an example of how demand for B2B sales is often derived from B2C sales.

What will be an ideal response?

Business