Ingrum Corporation produces and sells two products. In the most recent month, Product R38T had sales of $20,000 and variable expenses of $7,400. Product X08S had sales of $39,000 and variable expenses of $6,170. The fixed expenses of the entire company were $41,160. If the sales mix were to shift toward Product R38T with total sales remaining constant, the overall break-even point for the entire company:

A. would increase.
B. would decrease.
C. could increase or decrease.
D. would not change.


Answer: A

Business

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Harbor Casino and Resort requires its casino dealers to have licenses, observes them using closed-circuit TV, and requires detailed reports at the end of each shift. This organization has overcome the control system barrier of

A. overemphasis on one instead of multiple approaches. B. overemphasis on paperwork. C. overemphasis on means instead of ends. D. too much control. E. too little participation.

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When using "brainstorming" to generate creative service ideas, leaders should:

A) be certain the ideas are actually feasible before announcing them. B) encourage hitchhiking to add to or amplify on ideas suggested by others. C) stress quality over quantity. D) weed out any wild ideas that seem silly or unproductive.

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Cash dividends are affected by three significant dates. On which of the dates do dividends become a legal obligation of a corporation?

What will be an ideal response?

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Online GPS Corporation owns 95 percent of the shares of Pinpoint AppInc Through a certain transaction, Online GPS combines with Pinpoint App, but only Online GPS continues to exist. This is

a. a consolidation. b. ashare exchange. c. ashort-form merger. d. a termination.

Business