An umbrella manufacturing company's fixed costs are $275,000. The variable cost per unit is $5 and each umbrella is sold at $10. How many units should the firm sell in order to break even?
A) 1,819
B) 5,500
C) 18,000
D) 27,500
E) 55,000
E
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After the disastrous oil spill in the gulf, many consumers decided to avoid BP products, many even joining a popular “Boycott BP” Facebook page. Stuart runs an independent BP gas station in Louisiana and his business suffered from this consumer response. In this instance, boycotters would be considered a ______, part of the gas station’s ______ environment.
a. special-interest group; task b. local community; task c. demographic force; general d. sociocultural force; task e. local community; general
Using the data in the Alphabet Financials.xlsx workbook that was used in the chapter:
a) Convert the balance sheet to a Table that is named Raw_BalanceSheet. b) Use Get & Transform to convert the balance sheet into a format that is suitable for a pivot table by transposing the data. Be sure to set the correct data types for each column, and replace errors with a value of 0. Don’t forget to enter the word “Date” above the dates. Name the query Transposed_BalanceSheet. c) Build a pivot table from the data and group the dates by quarters and years. d) Create a calculated field that shows the total debt ratio, and format the result as a percentage with two decimal places. e) Create a pivot chart that shows the debt ratio over time. Has Alphabet’s capital structure changed over this 6-year period? 2. Using the same workbook: a) Transpose the income statement using Get & Transform as you did with the balance sheet in problem 1. Name this query Transposed_IncomeStatement. b) Use Get & Transform -> New Query -> Combine Queries -> Merge to merge the Transposed_IncomeStatement and Transposed_BalanceSheet queries. Do a Full Outer Join to use all rows from both queries. Call this query Combined_Financials and load it to a new worksheet. c) Create a new Pivot Table from the Combined_Financials table. Add a Date field that shows years and quarters. d) Create two calculated fields that show the net profit margin (NPM) and return on total assets (ROA). e) Create a pivot line chart that shows the data from part (d). Place the ROA on a secondary y-axis. f) Does there appear to be a strong correlation between the two data series? Use the Correl function to calculate the correlation coefficient. 3. Using the ETF Data.xlsx workbook from the chapter: a) Use Get & Transform on the data to create a query that shows average Beta by ETF Struct. To do this, use the Group By button to group the data by ETF Struct and then create a new column called Avg Beta. Also create a second aggregation that shows the count of each type of fund. Name the query Avg_Beta_by_Structure and load it to a new worksheet. b) What is the average beta for each type of fund, and how many of each are in the dataset? c) Create another query, called Average Returns by Category, that shows the number of funds in each category and the average of the 1 year, 3 year, and 5 year returns by category. d) Return to the data and create a pivot table that shows the same results as you got in part (a). e) Return to the data and create a pivot table that shows the same results as you got in part (c). f) Add a Timeline and use it to filter the pivot table so that it shows the operating profit margin from 2000 to the present.
Which of the following is FALSE concerning instant messaging (IM) in official corporate communication?
a. Many U.S. firms use IM as a tool for business communication. b. In some organizations, IM is used to complement or replace email and voice mail. c. A varying number of people can log on to a chatroom and exchange ideas that other participants can see. d. Instant messaging overcomes the time barrier for geographically dispersed groups.
During which of the following phase gates would the questions "Are the resources needed identified and available?" and "Are tasks sequenced and is a time-phased budget established?" be answered?
A. Proposal B. Screening and selection C. Implementation plan D. Progress evaluation E. Closure