During this past year, a small publishing company sold 60,000 copies of Super Travel paperbacks (its only product) at $5 per book; total fixed costs were $14,000; and total variable costs were $3 per book. What is this company's breakeven point in units?
a. 9,800 units
b. 7,000 units
c. 28,000 units
d. 14,000 units
B
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Which of the following statements would be true if you own stock in a company?
a. You are an owner of the retained earnings and capital stock of the company. b. You have a claim to the assets of the business c. You have the right to receive interest on an annual basis. d. You have the right to a portion of the company's revenues each accounting period.
According to the text, unstructured questions are also referred to as free-response or free-answer questions
Indicate whether the statement is true or false
Which service attribute limits expansion possibilities for a service provider?
a. industrialization of services b. intangibility c. perishability d. inseparability of the service from its provider
Which of the following statement is False?
a. Minimal amounts of inventory are carried under the pull system. b. The pull system is a more environmentally sustainable business model than the push system. c. There is more inventory carried under the push system than the pull system. d. Current sales demand and current production are poorly correlated in the pull system.