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$58,000 The company's degree of operating leverage is closest to:
A. 3.45
B. 12.41
C. 1.27
D. 26.90
Answer: B
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The case that involved two ships both of which were named "Peerless" is:
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Which of the following is the relevant risk of an investment, for which investors should be rewarded?
A. Firm-specific risk B. Totalrisk C. Systematic risk D. Unsystematic risk E. Diversifiable risk
On October 1, Vista View Goodwell Company rented warehouse space to a tenant for $2,500 per month and received $12,500 for five months' rent in advance on that date, with the lease beginning immediately. The cash receipt was credited to the Unearned Rent account. The company's annual accounting period ends on December 31. The Unearned Rent account balance at the end of December, after adjustment, should be:
A. $10,000. B. $12,500. C. $5,000. D. $7,500. E. $2,500.
Sometimes it is necessary to develop cultural workarounds to be able to build knowledge management efforts within an organization
Indicate whether the statement is true or false