_____ is the chance that a financial asset will not earn the return promised.?
A. ?Maturity
B. ?Production opportunity
C. ?Time preference for consumption
D. ?Risk
E. ?Inflation
Answer: D
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In the work sheet, if the income statement's total debits exceed the total credits, net income has occurred
Indicate whether the statement is true or false
Which of the following is NOT tracked by scheduling optimization systems used in retail stores?
A) cars parked in the parking lot B) individual store sales C) transactions D) units sold E) customer traffic
It is common practice to rely on mediators, often natives who are foreign educated, to bridge the gap between cultures.
Answer the following statement true (T) or false (F)
Top managers of Computer Manufacturing are alarmed by their operating losses
They are considering dropping the desktop product line. The company accountants have prepared the following analysis to help make this decision. Computer Manufacturing Income Statement For the Year Ended December 31, 20XX Total Laptop Desktop Sales Revenue $930,000 $575,000 $355,000 Variable Costs 507,000 267,000 240,000 Contribution Margin 423,000 308,000 115,000 Fixed Costs: Manufacturing 375,000 225,000 150,000 Selling and Administrative 62,000 45,000 17,000 Total Fixed Costs 437,000 270,000 167,000 Operating Income (Loss) $(14,000 ) $38,000 $(52,000 ) Total fixed manufacturing costs will not change if the company stops selling the desktop product line. The fixed selling and administrative costs, however, will be avoided. Prepare a differential analysis to show whether Computer Manufacturing should drop the desktop product line. Should the desktop product line be dropped? Explain your answer. What will be an ideal response