If the break-even point in a typical make-buy scenario is 24,000 units and 8,000 units are required by the firm, then the firm should choose to make the units
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following concepts relates to separating the reporting of business and personal economic transactions?
A) Cost principle B) Monetary unit assumption C) Economic entity assumption D) Objectivity assumption
Bargaining in good faith to an impasse:
A. Violates the NLRA. B. Creates a mutual obligation to mediate the contract. C. Means the current contract terms must stay in place. D. Fulfills each side's bargaining obligation.
Which of the following is considered a product?
a. a campaign promoting membership for the Boy Scouts b. a Toyota Prius c. prescription drugs d. paper towels e. all of these are considered products
X-1 Corp's total assets at the end of last year were $395,000 and its EBIT was $52,500. What was its basic earning power (BEP) ratio?
A. 11.30% B. 15.55% C. 11.70% D. 16.35% E. 13.29%