At the breakeven point, the contribution margin
a. is at a maximum.
b. minus total fixed costs equals a positive number.
c. equals fixed costs.
d. is at a minimum.
C
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Vales Services Company loaned $6,000 on August 1, Year 1 to an individual who issued Vales a promissory note with 6% interest. The issuer of the note repaid the principal and interest on July 30, Year 2. How did the event on August 1 affect the statement of cash flows? How did the event on July 30 affect the statement of cash flows?
What will be an ideal response?
Trein, Inc entered into a one-year, $1 million contract with Mia, a sports celebrity, to promote Trein's products. E-presto Inc, a competitor of Trein, was interested in having Mia promote its products and knew of her contract with Trein. E-presto offered Mia a three-year, $5 million contract. Mia left Trein and signed with E-presto. Which statement is correct?
A) Trein is liable for tortious interference with a contract. B) Mia is liable for tortious interference with a contract. C) E-presto is liable for tortious interference with a contract. D) Both Mia and E-presto are liable for tortious interference with a contract.
The proactive management of resources in an effort to be environmentally friendly is called
A) sustainability. B) environmental management. C) resource management. D) green management.
Given the following stock quotation, find the lowest price during the last year. Intel, Corp INTC 18.23 18.52 17.81 18.37 0.19 1.05 135,056,271 24.37 17.81 0.063 3.43 11 ?9.95
A) 24.37 B) 17.81 C) 11 D) 135.05