Complete the statement, using the following terms: increase, decrease, or have no effect on. Decreases in variable costs per unit ________ contribution margin per unit and ________ the breakeven point.
What will be an ideal response?
Decreases in variable costs per unit increase contribution margin per unit and decrease the
breakeven point.
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Lasiter Corp reported net credit sales of $2,000,000 and cost of goods sold of $1,400,000 for 2016 . On January 1, 2016, accounts receivable was $250,000 . Amounts owed by customers increased by $20,000 during 2016 . Rounding to two decimal places, what is Lasiter's accounts receivable turnover rate for 2016?
a. 8.33 b. 8.00 c. 7.69 d. 7.41
A(n) __________ is a for-profit corporation that uses the power of business to solve social and environmental problems
a. C corporation b. S corporation c. B corporation d. Benevolent Recognized Group
Assume that a business has only one authorized ICANN IP address, yet it needs five networks in its enterprise. How can the business get five unique network addresses?
What will be an ideal response?
An ASCII character can be encoded as a 1 to 4 byte sequence using the UTF-8 encoding
Indicate whether the statement is true or false.