A manufacturer of tiling grout has supplied the following data: Kilograms produced and sold 380,000Sales revenue$2,736,000Variable manufacturing expense$1,349,000Fixed manufacturing expense$336,000Variable selling and administrative expense$399,000Fixed selling and administrative expense$372,000Net operating income$280,000The company's break-even in unit sales is closest to: (Round your intermediate calculations to 2 decimal places.)
A. 98,333
B. 60,488
C. 272,308
D. 92,055
Answer: C
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Matthew Martin, the owner of Innovation Consulting, started the business by investing $51,000 cash. Identify the general journal entry below that Innovation Consulting will make to record the transaction.
A.
Cash | 51,000? | |
Note Payable | 51,000? |
B.
Investments | 51,000? | |
M. Martin, Capital | 51,000? |
C.
M. Martin, Capital | 51,000? | |
Cash | 51,000? |
D.
Accounts Receivable | 51,000? | |
Cash | 51,000? |
E.
Cash | 51,000? | |
M. Martin, Capital | 51,000? |
Which of the following statements is true of an indorsement?
A. It generally does not make a person liable on the instrument even if he or she is engaged in any illegality affecting the instrument. B. It applies only to payments made to a depositary bank. C. It makes a person liable on an instrument indorsed by him or her if the person primarily liable on it does not pay it. D. It does not affect future attempts to negotiate the instrument.
Which leadership perspective theory explores the relationship between leaders’ personal qualities and characteristics and the way their traits differentiate leaders from nonleaders?
A. contingency leadership perspective B. knowledge leadership perspective C. trait leadership perspective D. behavioral leadership perspective
Briefly describe the six steps and order of the ethics job screen process.
What will be an ideal response?