To find out the breakeven point in dollars, we divide fixed costs by gross margin ratio
Indicate whether the statement is true or false
False
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Too much inventory on hand
A) reduces solvency B) increases the cost to safeguard the assets C) increases the losses due to price declines D) all of the above
Which of the following is NOT an element of fraud?
a. Material misrepresentation. b. Competent parties. c. Knowledge of falsity. d. Justifiable reliance.
If each contract is worth $5000 but it costs $300 per week to work on a contract, what is the profit resulting from a simulation drawing of the numbers 72, 36, 8, 71, and 94 to represent contract durations?
What will be an ideal response?
In Kohlberg's stages of moral development, during the conventional level:
a. an individual's conduct is a reaction to the fear of punishment and, later, to the pleasure of reward. b. people conform their behavior to meet the expectations of groups, such as family. c. people accept and conform to moral principles. d. individuals develop their own universal ethical principles.