Which of the following would not be found on an Income Statement of a service organization?

A) selling expenses
B) gross margin
C) operating income
D) all of these can be found on the Income Statement of a service organization.


D

Business

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Guerilla marketing programs are designed to obtain instant results while using limited resources

Indicate whether the statement is true or false

Business

Practicing for a job interview is not generally recommended as it causes the candidate to sound rehearsed and insincere

Indicate whether the statement is true or false

Business

Enrobe Textiles, Inc., is a small clothing manufacturer that produces men’s polo shirts and pants. The production manager, Zhang Wei, uses two primary resources: sewing machine hours and cutting machine hours. For next month’s production of shirts and pants, Mr. Wei can schedule up to 300 hr of sewing machine time and up to 240 hr of cutting machine time. Production of each polo shirt requires 3.0 hr of sewing time and 1.0 hr of cutting time. Each pair of pants requires 2.0 hr of sewing time and 2.0 hr of cutting time. Based on the analysis of cost and sales figures, Mr. Wei estimates that each polo shirt will yield a profit of $5, and each pair of pants will generate a profit of $7. Given this scenario, what will be the maximum profits that Enrobe Textiles can achieve?

A. $525 B. $390 C. $450 D. $885

Business

A diverse workforce is ________ to succumb to groupthink.

A. less likely B. unable C. extremely likely D. not at all likely E. more likely

Business