Among business products, which of the following would most likely be considered accessory equipment?
A. a cleaning service
B. copper wiring
C. a factory
D. ink-jet printer cartridges
E. pneumatic nail gun
Answer: E
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The total fixed cost for Harold, a salesperson, is $20,000 per month. Harold generates 25% gross profit on the products he sells. If Harold sells $200,000 worth of merchandise in six months, which of the following statements is true?
A. Harold generated $30,000 gross profit for the company. B. By having Harold, the company incurred a direct loss of $70,000. C. Harold generated $120,000 in gross profit for the company. D. By having Harold, the company incurred a direct loss of $280,000. E. Harold sold $120,000 worth of goods, which equals the BEP.
Bankruptcy, International Trade, and Tax are all types of:
A) special state courts. B) federal special courts. C) special state standing courts. D) none of the above.
Belvedere Corporation had a balance in its Equipment account on January 1, Year 1 of $320,000. During the year, equipment originally costing $85,000 and having Accumulated Depreciation of $20,000 was sold for $67,000. The ending balance of the Equipment Account was $275,000. How much did the company spend to purchase additional equipment during Year 1?
A. $25,000 B. $40,000 C. $92,000 D. $90,000
In a lower tail hypothesis test situation, the p-value is determined to be .2. If the sample size for this test is 41, the t statistic has a value of
A. .851. B. -.851. C. 1.303. D. -1.303.