Finn's budget for the upcoming year revealed the following figures: Sales revenue$840,000 Contribution margin 504,000 Income 54,000 If the company's break-even sales total $750,000, Finn's safety margin would be:
A. $(90,000).
B. $336,000.
C. $696,000.
D. $246,000.
E. $90,000.
Answer: E
You might also like to view...
There is some significant evidence that, at least in personality-based honesty or integrity tests, applicants have trouble ______ answers to the test.
A. faking B. understanding C. validating D. assessing
The portion of inventory or production NOT committed to customer orders is called:
A) free stock. B) excess production. C) available to promise. D) excess capacity. E) waste.
The modern scientific study of leadership can be divided into three eras. These are:
a. trait, behavior, contingency b. charismatic, visionary, exemplary c. case studies, research, theory building d. personality, event-based, complex analysis
In Federal Trade Commission v. John Beck Amazing Profits, where Beck was sued by the FTC for deception in the sale of his "wealth creation" products, the court held that:
a. Beck's actions were "neutral" in that they did not make false statements; consumers may have inferred wrong things, but that is not a violation b. the FTC was correct that Beck's infomercials contain misleading information that is material, so the sales would be stsopped c. the FTC showed that the information presented by Beck was misleading, but failed to show that any harm had been inflicted on consumers d. since Beck was only presenting information, that is protected by the First Amendment; so long as he did not actually make investments on behalf of investor/consumers, there was no actionable violation e. Beck operated an internet-based company not regulated by the Telecommunications Act