The formula that can be used to calculate sales dollars necessary in order to earn a desired profit is
A) (Fixed costs + Contribution margin)/(1 - Variable cost ratio) B) (Fixed costs + Desired profit)/(1 - Variable cost ratio) C) (Fixed costs + Variable costs)/(1 - Variable cost ratio) D) (Fixed costs + Desired profit)/(1 - Sales ratio) E) all of these
B
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Which of the following is not a destination store?
A. AMC Movie Theaters B. The Home Depot C. IKEA D. Kroger grocery store E. Bath & Body Works
Assume that a corporation in the 25 percent tax bracket purchases a piece of equipment for $67,000 with a ten-year useful life and no estimated salvage value. The corporation uses straight-line depreciation for book purposes and double-declining-balance depreciation for tax purposes. The first-year temporary difference, using income tax allocation procedures, would result in a
a. debit to Deferred Income Taxes of $1,675. b. credit to Deferred Income Taxes of $6,700. c. credit to Deferred Income Taxes of $1,675. d. debit to Deferred Income Taxes of $6,700.
The quality that makes you appear businesslike is adaptability
Indicate whether the statement is true or false.
Which of the following is NOT one of the three major global codes of ethics as indicated in the text?
a. The Caux Round Table Principles b. Kyoto Treaty c. The Organization of Economic Co-operation and Development guidelines for multinational enterprises d. The United Nations Global Impact