Break-even volume per hour = Cost per hour/Gross profit percentage
Answer the following statement true (T) or false (F)
True
Break-even analysis is a quantitative technique for determining the level of sales at which total revenues equal total costs. Break-even volume per hour is calculated by dividing cost per hour by gross profit percentage.
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Which of the following is true of labor restrictions that can be placed on newly joined members under the EU?
A. that all restrictions have to be lifted after the first five years from joining B. that the restrictions can be extended for two more years after the first five years of joining C. that the restrictions can only be added on the first two years after joining D. that the freedom of movement of workers is an absolute right for all Europeans upon joining the EU
Ethical exchanges between sellers and buyers should result in
A. the buyer forming a strategic alliance with the seller. B. the buyer getting the product for the best price at the expense of the seller. C. the seller offering buyers its products and services at cost, especially during a period of recession. D. the seller making a profit at the expense of the buyer. E. both parties to the exchange being better off after a transaction.
The roots of the Asian currency crisis extended from a fundamental change in the economics of the region, the transition of many Asian nations from being net importers to net exporters
Indicate whether the statement is true or false.
Changing postal rates and services require the legal office assistant to keep informed on current mailing procedures
Indicate whether the statement is true or false.