Managements need not consider economies of scale in operations when constructing pro forma financial statements since economies of scale do not impact financial statements.?
Answer the following statement true (T) or false (F)
False
When there are economies of scale, a firm's variable cost of goods sold ratio is likely to change as the size of the firm changes substantially. If everything else is the same, changes in the variable cost ratio affect the addition to retained earnings, which in turn affects the amount of AFN. See 16-2: Other Considerations in Forecasting
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Goals and objectives should be set ________.
A. at the end of the situation analysis B. during SWOT analysis while identifying external opportunities and threats C. after marketing strategies are fixed D. after completion of market research, situation analysis, and competitor analysis E. at the beginning of marketing planning
A(n) ________ is a computing system modelled after the human brain that is used to predict values and make classifications.
A. data warehouse B. artificial intelligence C. expert system D. neural network E. online analytical processing (OLAP) cube
In the context of retirement plans, the 401(k) plans are offered to employees of certain types of nonprofit organizations such as schools, religious organizations, and charities.
Answer the following statement true (T) or false (F)
One trait not common in entrepreneurs is being
a. a problem solver. b. creative and innovative. c. structured. d. independent, yet able to build strong teams.