The statement of cash flows begin with revenues; for this reason, analysts often refer to revenue growth as "top-line" growth
Indicate whether the statement is true or false
F
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When a company provides superior value by leading its industry in price and convenience, it has obtained ________
A) product leadership B) focus C) operational excellence D) customer intimacy E) differentiation
A company produces 300 microwave ovens per month, each of which includes one electrical circuit. The company currently manufactures the circuits in-house but is considering outsourcing the circuits at a contract cost of $30 each. Currently, the cost of producing circuits in-house includes variable costs of $26 per circuit and fixed costs of $6000 per month. Assume the fixed costs are unavoidable but that company could employ the vacated premises to earn rental income of $2600 per month. If the company outsources, monthly operating income will ________.
A) increase by $1400 B) decrease by $9000 C) decrease by $1200 D) increase by $16,800
The following information describes a product expected to be produced and sold by Quark Corporation:Selling price……………………………$33 per unitVariable costs…………………………$27 per unitTotal fixed costs………………………$855,000 per yearRequired:(a) Calculate the contribution margin per unit.(b) Calculate the break-even point in units.
What will be an ideal response?
The questionnaire has an advantage over other methods of collecting primary data because
A) the anonymity of a questionnaire reduces the validity of some responses. B) obtaining a representative sample over a large geographical area can be expensive. C) the target audience has widely differing interests and education. D) respondents note their answers at the most convenient time for researchers. E) no interviewer is present to possibly bias the results.