Weafer Inc. reported the following results from last year's operations: Sales$14,000,000Variable expenses 9,560,000Contribution margin 4,440,000Fixed expenses 3,740,000Net operating income$ 700,000Average operating assets$7,000,000Last year's margin was closest to:
A. 10.0%
B. 31.7%
C. 5.0%
D. 73.3%
Answer: C
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A. value stream map (VSM) B. process simulation C. service blueprint D. process chart
A research study has found that managers often hire external candidates rather than promote their current employees because they have a tendency to overvalue unfamiliar candidates and undervalue known ones.
Answer the following statement true (T) or false (F)
Integrated marketing communications include all of the following except
A. sales promotion. B. direct marketing. C. advertising. D. supply chain management. E. public relations.
The retained earnings of a corporation is ________
A) internally generated equity that is earned by profitable operations that is not distributed to stockholders B) externally generated equity that is contributed by shareholders C) externally generated equity that is acquired from banks and other creditors D) internally generated equity that is received from employee stock purchases