The per-unit selling price of a product is $20, the unit variable cost is $15, and the total fixed costs are $7,000 . What are the current break-even sales in units and dollars, respectively?
a. 467 and $28,000
b. 467 and $5,250
c. 1,400 and $5,250
d. 1,400 and $28,000
d
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Recently, Matt Kistler, a senior vice-president at Walmart, claimed the company was making progress on achieving three major goals: (1) to be supplied by 100% renewable energy; (2) to create zero-waste; and (3) to increase the sale of renewably-produced products. Walmart is focusing on
A. using sustainable procurement. B. using ecological buying centers. C. engaging in cause marketing. D. complying with government regulations. E. meeting ISO 9000 standards.
In U.S. v. King, where King was accused of bribing officials of a foreign government, the court held that he could be fined and sent to prison
a. True b. False Indicate whether the statement is true or false
In Ethics for the Real World, Ronald A. Howard and Clinton D. Korver emphasize that it is often __________________ that tend to create challenges throughout the day.
a. major quanda¬ries b. greedy acts c. small ethical dilemmas d. collective corruption
What is Raptor's PHC tax, assuming that it does not pay any dividends?
Raptor Corporation is a PHC for 2009 and reports $200,000 of taxable income on its federal income tax return. Operating profit $100,000 Long-term capital gain 80,000 Dividends (20%-owned corporation) 90,000 Interest 100,000 Gross income 370,000 Salaries expense (50,000) General and administrative expense (25,000) Dividends-received deduction (58,500) Taxable income $236,500 Regular tax liability $ 49,665