Jerrel Corporation sells a product for $230 per unit. The product's current sales are 24,000 units and its break-even sales are 17,280 units.What is the margin of safety in dollars?
A. $5,520,000
B. $3,974,400
C. $3,680,000
D. $1,545,600
Answer: D
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Many consumers are willing to pay $100 for a perfume that contains $10 worth of scent because the perfume is from a well-known brand. What kind of pricing is the company depending on?
A) going-rate pricing B) image pricing C) market-skimming pricing D) target pricing E) markup pricing
Which of the following statements about lying and cheating in high school and college is accurate?
a. Less than half of high school students thought it was important to display good character. b. The incidence of cheating is lower in college than in high school, though still very high. c. Most college students admit to wanting to cheat, though most do not. d. Over 90 percent of high school students admit to cheating in the last year.
Kiley Electronics is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the cost of capital (and even negative), in which case it will be rejected. Year0 1 2 3 Cash flows?$1,100 $450 $470 $490
A. 9.70% B. 10.78% C. 11.98% D. 13.31% E. 14.64%
A void contract is one that is otherwise valid but may be rejected or set aside by one of the parties
Indicate whether the statement is true or false