Operating leverage predicts the effects fixed costs have on changes in operating income when sales volume changes
Indicate whether the statement is true or false
TRUE
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Answer the following statements true (T) or false (F)
1. An organization chart typically takes on a family-treelike pattern, with many boxes and lines showing official positions and reporting relationships. 2. The hierarchy of authority, or who reports to whom, is shown with horizontal lines on an organization chart. 3. A formal vertical hierarchy shows a company's most typical channels of communication. 4. Horizontally on an organizational chart are the various companies outside of the firm, such as suppliers and distributors.
Start-up and organization costs include all of the following except
a. goodwill. b. cost of printing stock certificates. c. attorney's fees. d. state incorporation fees.
Which of the following line items in a balance sheet is considered the most for making a financing decision?
A) current assets B) long-term liabilities C) revenue D) cost of goods sold
Evaluating marketing effectiveness is impossible.
Answer the following statement true (T) or false (F)