Which of the following ratios is used to evaluate how efficient a company is in using its fixed assets to generate revenues?
A. Return on fixed assets ratio
B. Debt-to-assets ratio
C. Current ratio
D. Fixed asset turnover ratio
Answer: D
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When an organization compares a score on a selection test to the job performance of existing workers in that job, the organization is using ______ validity.
A. construct B. content C. convective D. criterion-related
If fixed costs are $561,000 and the unit contribution margin is $8.00, what is the break-even point in units if variable costs are decreased by $.50 a unit?
A) 66,000 B) 70,125 C) 74,800 D) 60,000
What is 360-degree feedback? How can it be useful when conducting individual performance reviews?
Fill in the blank(s) with the appropriate word(s).
Trevor heard a burglar entering through a living room window. He grinned as he picked up his gun. Crouching behind the sofa in his darkened home, he ambushed and killed the intruder with several well placed shots. He then added another notch in his trusty side-arm. Trevor most probably
a. has exercised his constitutional right of self-defense. b. has acted legally, because the shooting took place inside his home. c. has acted legally if, but only if, the burglar was armed with a gun. d. is guilty of a homicide, or at least voluntary manslaughter.