What is the break-even point in units per month?
A small automotive parts manufacturer is evaluating opening a new manufacturing plant for assembly of its battery chargers line. The location being considered has a monthly fixed cost of $42,000 and a variable cost of $3 per charger. Chargers sell for $ 7 each.
A) 10,500
B) 11,000
C) 9,000
D) 12,700
A) 10,500
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The three phases involved in building a data warehouse from transactional data are extraction, transforming, and loading.
Answer the following statement true (T) or false (F)
Which of the following would not be personally liable for the debts of the business?
a. A sole proprietor. b. A partner in a general partnership. c. A general partner in a limited liability limited partnership. d. A general partner in a limited partnership.
If an identical product can be sold in two different markets, and no restrictions exist on the sale or transportation of product between markets, the product's price should be the same in both markets. This is known as:
A) relative purchasing power parity. B) interest rate parity. C) the law of one price. D) equilibrium.
Before dawn Josh hurriedly packed some clothes for a job interview trip while his roommate was still sleeping. He reached in his disorganized sock drawer where there were 5 black socks and 5 navy blue socks, although they appeared to be the same color in the dimly lighted room. Josh grabbed 6 socks, hoping that at least 2, and preferably 4, of them were black to match the gray suit he had packed
With no time to spare, he then raced to the airport to catch his plane. a. What is the probability Josh packed at least 2 black socks so that he will be dressed appropriately the day of his interview? b. What is the probability Josh packed at least 4 black socks so that he will be dressed appropriately the latter day of his trip as well?