Floyd's Barbershop has fixed costs of $3,000 per month. Floyd regularly performs 400 haircuts a month and he does not anticipate this to change. Each haircut has a variable cost of $4.00. If Floyd would like to earn a target profit of $2,000, what does he need to charge for each haircut?
A) $12.50
B) $16.50
C) $11.50
D) $8.50
B
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Serial bonds are bonds that
a. mature on several different dates. b. all have the same maturity date. c. must be secured. d. are also called term bonds.
Liquidation of a partnership is the process of ending the business
Indicate whether the statement is true or false
Financial leverage
a. may increase the return to the common shareholders. b. uses lower cost borrowed funds and earns a higher rate of return on those funds than their cost. c. requires the common shareholders to take on more risk in their investment. d. all of the above e. none of the above
Yuki has realized how to work with Jane. It was difficult at first because he did not understand her quiet nature. It was hard to get her to open up about her ideas and to work with him. Once he understood where she was coming from, they could all become more productive. Yuki’s team is in which stage of group development?
a. Forming b. Storming c. Norming d. Adjourning