If a profitable company has both fixed and variable costs, its operating leverage will always be greater than 1.

Answer the following statement true (T) or false (F)


True

Recall that magnitude of operating leverage equals contribution margin divided by net income.

Business

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Which of the following is not a recommended way to stand out in a new job?   

A. Come in early and stay late to observe others. B. Underpromise. C. Be aware of the power of first impressions. D. Make it easy for others to give you feedback. E. Overdeliver.

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Metro Museum has different admission prices for students, adults, and seniors. All three groups are entitled to the same services. This form of pricing is called ________ pricing

A) time-based B) location-based C) customer-segment D) by-product E) product form

Business

The time required to completely produce an item if only one unit is being produced at a time is known as ______.

A. cycle time B. flow time C. idle time D. balance efficiency

Business

In a debit card system, the _____

a. customer can either pay the full amount due immediately or defer payment b. customer is not billed until his or her billing cycle date c. retailer still has the risk of customer nonpayment d. purchase price is automatically deducted from a consumer's bank account and then entered into the retailer's account through a computer terminal

Business