Martin Company currently produces and sells 40,000 units of product at a selling price of $12. The product has variable costs of $6 per unit and fixed costs of $150,000. The company currently earns a total contribution margin of:
A. $200,000
B. $240,000
C. $280,000
D. $90,000
Answer: B
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_____________are items which are readily convertible into a known amount of cash and have an original maturity to the investor of three months or less
Fill in the blank(s) with correct word
I can emerge as the leader in my group project by ______.
A. telling all group members exactly what to do B. communicating and listening well with group members C. sitting at the head of the table D. being designated by the instructor as the group leader
Mustin, Inc purchased equipment for $50,000 . The equipment had an estimated useful life of eight years and an estimated residual value of $6,000 . After five years of use, the estimated residual value is changed to $9,000 . Assuming straight-line depreciation, depreciation expense in year 6 would be
a. $4,500. b. $5,500. c. $5,125. d. $7,500.
Answer the following statements true (T) or false (F)
1. The information-giver role includes carrying out procedural duties and possibly sending e-mails to the group after the meeting. 2. Some group members aren’t equipped to fill all roles in a small group. 3. In an emergent leader approach to leadership, the group leader is selected immediately following the formation of the group. 4. Relational communication competencies can help a group navigate the relational obstacles that typically arise when working on a task. 5. In long group meetings, it is typically better to push through until the end so as not to break the rhythm, rather than allowing for breaks.