To determine the breakeven point in units, divide the fixed costs by
A. total costs.
B. variable costs times price.
C. price minus variable costs.
D. price per unit.
E. total revenue minus fixed costs.
Answer: C
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Flax had net sales of $7,875 and its average accounts receivables is $1,250. Calculate Flax's accounts receivable turnover:
What will be an ideal response?
The table of contents lists only the main topics covered in a report
Indicate whether this statement is true or false.
Vincenzo is a pilot for Wayfarer Airlines. Wayfarer's policy is to restrict Vincenzo and its other pilots from flight responsibilities after a certain age. This is most likely
A. a legitimate bona fide occupational qualification. B. discrimination on the basis of age. C. association discrimination. D. discrimination on the basis of disability.
A parents' group in a small town formed an association to run a little league baseball team. Tom and Mary were members of the association, which was never incorporated. Tom was elected president of the association and ordered some uniforms for the team. When the uniforms were not paid for, the baseball supply company sued Tom and Mary for the contract price. Regarding the liability of Mary:
______. A) Mary is liable because she is a member of an unincorporated association. B)Mary is not liable because members of an unincorporated association have no personal liability. C)Mary is liable if she authorized or ratified the purchase. D)Mary is liable but only for 50% of the outstanding debt.