A work center was available for work 80 hours, produced 74 standard hours of work and actually
worked 67 hours. What is the efficiency of the work center?
A) 108.1% B) 92.5% C) 110.4% D) 119.4%
C
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Return on assets is most closely related to
a. interest coverage and the debt to equity ratios. b. profit margin and the debt to equity ratio. c. profit margin and asset turnover. d. inventory turnover and profit margin.
A commission merchant would most likely sell which of the following?
A) agricultural products B) durable goods such as furniture C) convenience goods such as gum and candy D) clothing and textiles E) real estate
Which sentence uses correct capitalization?
A) After many major league baseball players were found guilty of steroid use, a committee was formed to investigate "juicing" in the National Football League. B) After many major league baseball players were found guilty of steroid use, a Committee was formed to investigate "juicing" in the National Football League. C) After many major league baseball players were found guilty of steroid use, a committee was formed to investigate "juicing" in the national football league.
Jilk Inc.'s contribution margin ratio is 58% and its fixed monthly expenses are $36,000. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $103,000?
A. $7,260 B. $23,740 C. $59,740 D. $67,000