Which of the following characteristics of psychological capital is a positive outcome outlook or attribution of events, which includes positive emotions and motivation?
A. hope
B. resiliency
C. optimism
D. efficacy
C. optimism
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Profits may decline with an increase in total dollars of sales if the sales mix shifts to sell more products with a lower per unit contribution margin
Indicate whether the statement is true or false
In 2020, the TransUnion Company had consulting revenues of $1,000,000 while costs were $750,000. In 2021, TransUnion will be introducing a new service that will generate $150,000 in sales revenues and $60,000 in costs. Assuming no changes are expected for the other services, operating profits are expected to increase between 2020 and 2021 by:
A. $150,000. B. $60,000. C. $250,000. D. $90,000.
An advantage of the weighted average inventory method is that it tends to smooth out erratic changes in costs.
Answer the following statement true (T) or false (F)
The use of financial leverage by the firm has a potential impact on which of the following? (1)The risk associated with the firm.(2)The return experienced by the shareholder.(3)The variability of net income.(4)The degree of operating leverage.(5)The degree of financial leverage.
A. 1, 3, 5 B. 1, 2, 5 C. 2, 3, 5 D. 2, 3, 4, 5 E. 1, 2, 3, 5