In the equation to determine the number of units that must be sold to earn a target income, targeted income is added to fixed expense in the numerator

Indicate whether the statement is true or false


True

Business

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Boulder Company had net cash flows of $150,000 from operating activities. It extended $60,000 for purchases of plant assets, sold plant assets for $5,000, and paid dividends of $70,000. The company's free cash flow is

A) $25,000. B) $50,000. C) $60,000. D) $75,000.

Business

The strategic options for expansion into foreign markets do not include

A. employing a franchising strategy using local ownership. B. relying on home country governments to restrict imports via raising tariffs and local content requirements. C. establishing a subsidiary in a foreign market. D. licensing foreign firms to produce and distribute one's products. E. maintaining a national (one-country) production base and exporting goods to foreign markets.

Business

If you want to buy an expensive piece of furniture but can’t afford it, then you are not a ____________________ for that product.

Fill in the blank(s) with the appropriate word(s).

Business

Maintaining or increasing market share

A. can be achieved even if industry sales are flat or decreasing. B. is an infrequently used pricing objective in most industries. C. depends on the overall growth of the total industry. D. is a profit-related objective based on price. E. is directly tied to leading an industry in product quality.

Business