Export receivables are normally sold at a discount. The size of the discount depends on the following factors EXCEPT:
A) overdraft fees
B) collection risk
C) cost of credit insurance
D) size of financing and services fees
Answer: A
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In the design of retail service layouts, the term "ambient conditions" could refer to which of the following?
A. Lighting B. Signs C. Symbols D. Artifacts E. Speed of service
Why are controls like budgets and operating procedures that McDonald's implements known as input controls?
A. They are implemented by corporate headquarters. B. They are ad hoc and not codified. C. They are independent of an organization's culture. D. They are considered before employees make any decisions.
In its ads, Crunchy Inc makes various claims about its snack products. Crunchy's advertising claims would most likely be deemed deceptive if the claims A) mislead a reasonable consumer
B) contain vague generalities. C) contain vague generalities. D) include obvious exaggerations.
Zaccaria Corporation has provided the following contribution format income statement. All questions concern situations that are within the relevant range.?Sales (5,000 units)$300,000?Variable expenses 240,000?Contribution margin60,000?Fixed expenses 58,800?Net operating income $1,200Required:a. What is the contribution margin ratio?b. If sales increase to 5,040 units, what would be the estimated increase in net operating income?c. If the selling price increases by $4 per unit and the sales volume decreases by 400 units, what would be the estimated net operating income?d. What is the break-even point in unit sales?e. What is the margin of safety in dollars?f. What is the degree of operating leverage?
What will be an ideal response?