The Fortune Company reported the following income for Year 2:Sales$130,000 Cost of goods sold 80,000 Gross margin$50,000 Selling and administrative expense 15,000 Operating income$35,000 Interest expense 5,000 Income before taxes$30,000 Income tax expense 10,000 Net income$20,000 What is the company's number of times interest earned ratio?
A. 7 times
B. 4 times
C. 6 times
D. None of these answers is correct.
Answer: A
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How many units are produced using overtime in the optimal aggregate plan developed to address Scenario 8.2?
A) 360 B) 200 C) 400 D) 280
Which clause will allow you to disable a constraint?
a. MODIFY b. DROP c. DISABLE d. STOP
Answer the following statements true (T) or false (F)
1. In terms of cross-cultural values, people in the United States tend to have relatively high individualism, middle to high achievement orientation, and medium to low power distance. 2. People with high power distance expect relatively equal power sharing. 3. People with high achievement orientation tend to value assertiveness, competitiveness, and materialism. 4. One limitation with some research on cross-cultural values is that it incorrectly assumes that everyone within a specific country holds similar values.
A business mission deals with questions such as:
a. What type of business do we want to be in? b. What do we want to become? c. As what sort of a company do we want to emerge? d. all of the above