Jazz Products has the following information available for the month of March: Sales (5,000 units) $100,000 Variable costs 45,000 Fixed costs 15,000 Net operating income $40,000 The company's manager is considering several options to increase net operating income. By what amount do sales dollars need to increase in order for net operating income to increase to $62,000?
A) $40,000
B) $62,000
C) $162,000
D) $38,000
A
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The adaptive cycle portrays businesses as continuously cycling through three kinds of business decisions: entrepreneurial, ______, and administrative.
A. leadership B. alignment C. organization D. production E. engineering
The stable psychological traits and behavioral attributes that give a person her identity are known as her
A. character. B. values. C. attitudes. D. attributions. E. personality.
Which of the following statements about assortment is not true?
A. Customer perceptions on assortments are based on the availability of the customer's favorite SKU and the size of the category's display. B. Offering a large assortment normally simplifies a customer's buying decision. C. The number of SKUs offered in a merchandise category is a strategic decision. D. Buyers need to consider the degree to which categories in a department complement each other. E. The breadth and depth of the assortment in a merchandise category can affect the retailer's brand image.
Which of the following errors will not cause the debit and credit columns of the trial balance to be unequal?
a. A debit entry was recorded in the wrong account. b. A debit was entered in an account as a credit. c. The account balance was carried to the wrong column of the trial balance. d. The balance of an account was incorrectly computed.