The periodic inventory system is used more commonly by companies that sell:
a. low-priced, high-volume merchandise.
b. low-priced, low-volume merchandise.
c. high-priced, low-volume merchandise.
d. high-priced, high-volume merchandise.
a
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When you reduce threats to the ego of another individual, you increase the level of trust between you and create a trusting environment also known as which of the following?
A. supportive environment B. defensive segment C. supportive environment D. defensive climate
Which statement best describes inductive reasoning?
a. It has little use in the interpretation of business research data. b. It may include non sequiturs and hasty generalizations. c. It moves from general concepts to specific facts. d. It moves from specific facts to generalizations.
Jim agrees to act on Kit's behalf, subject to Kit's control, and Kit trusts Jim to so act. Thisdescribes a relationship between
a. a business and its competitors. b. a government and its governed. c. a parent and a child. d. a principal and an agent.
A company that makes organic fertilizer has supplied the following data: Bags produced and sold 200,000Sales revenue$1,560,000Variable manufacturing expense$660,000Fixed manufacturing expense$448,000Variable selling and administrative expense$180,000Fixed selling and administrative expense$214,000Net operating income$58,000The company's degree of operating leverage is closest to:
A. 12.41 B. 26.90 C. 1.27 D. 3.45