Tony's Beach T-Shirts has fixed annual operating costs of $75,000. Tony retails his T-shirts for $14.99 each and the variable cost per T-shirt is $4.99. Based on this information, the breakeven sales level in dollars is ________
A) $125,495
B) $112,425
C) $108,995
D) $110,495
B
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Sabas Company has 20,000 shares of $100 par, 2% cumulative preferred stock and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends: Year 1: $10,000 Year 2: 45,000 Year 3: 90,000 Determine the dividends per share for preferred and common stock for the second year
a. $2.25 and $0.00 b. $2.25 and $0.45 c. $0.00 and $0.45 d. $2.00 and $0.45
Strategic decision are subordinate to tactical planning decisions
Indicate whether the statement is true or false
In a SWOT analysis, ________ include favorable trends in the external environment
A) strengths B) challenges C) weaknesses D) opportunities E) threats
A horizontal restraint is any agreement that in some way restrains competition between rival firms competing in the same market
Indicate whether the statement is true or false