Your savings account should fit three criteria: an account that makes it easy to get to your cash, an account where you can be sure it will be there when you need it, and what else?
A) Long-Term Nest Egg
B) Advisor Involvement
C) Diversified
D) A Safe Place
E) High Interest Growth
D) A Safe Place
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Linda is a fashion designer who sourced out to a manufacturer in India in order to assemble her fall line. She assumed the patterns for the clothes were simple, and she deemed it unnecessary to personally visit the factory and supervise the workers sewing her clothes. Months later, the shipment arrived in New York and, the seams on all of the blouses were sewn incorrectly. This mishap is an issue of
A. global market satiation. B. tariff ramifications. C. poor strategy. D. quality control. E. global trends.
If a business had a capacity of $8,000,000 of sales, actual sales of $5,000,000, break-even sales of $3,500,000, fixed costs of $1,400,000, and variable costs of 60% of sales, what is the margin of safety expressed as a percentage of sales?
A) 25% B) 18% C) 28% D) 30%
Two of the most important factors in reaching your financial goals are the return on your investments and the length of time you have until you need your money
Indicate whether this statement is true or false.
Keisker Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 2220 client-visits, but its actual level of activity was 2210 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for November:Data used in budgeting: Fixed element per monthVariable element per client-visitRevenue - $54.30? Personnel expenses$29,400? $18.50?Medical supplies 720? 8.90?Occupancy expenses 7120? 2.20?Administrative expenses 4820? 0.30?Total expenses$42,060? $29.90??Actual results for November: ?Revenue$121,189? Personnel expenses$66,465??Medical supplies$19,423??Occupancy expenses$11,170??Administrative
expenses$5259????The personnel expenses in the planning budget for November would be closest to: A. $70,285 B. $69,338 C. $66,465 D. $70,470