A firm has interest expense of $145,000, preferred dividends of $25,000, and a tax rate of 40 percent. The firm's financial breakeven point is ________
A) $ 25,000
B) $170,000
C) $186,667
D) $145,000
C
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You provide a pay raise to a follower who has received high scores on annual performance reviews two years in a row. You are demonstrating ______.
A. management by exception-passive B. management by exception-active C. individualized consideration D. contingent reward
A cost that varies inversely with the level of production is known as a ____________________ cost
Fill in the blank(s) with correct word
Income distribution studies confirm the belief that income is more evenly distributed in the richer nations.
Answer the following statement true (T) or false (F)
Darinel insures a $150,000 building with Morales Insurance Co for $50,000 and with Washington Insurance Co for $100,000. The building is partially destroyed by fire, causing $25,000 in damages. Darinel will be able to collect:
A) one-third of the damages from Morales Insurance Co. B) one-half of the damages from Morales Insurance Co. C) from neither Morales nor Washington since it was fraudulent to purchase policies covering the same property from two different insurance companies. D) $25,000 from either Morales or Washington Insurance Co., but cannot collect from both insurers.