Morse Company reports total contribution margin of $48,000 and pretax net income of $12,000 for the current month. The degree of operating leverage is:
A. 0.25
B. 4.0
C. 250%
D. 1.25
E. 2.5
Answer: B
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The weights (in pounds) of a sample of 36 individuals were recorded and the following statistics were calculated. mean = 160range = 60mode = 165variance = 324median = 170 The coefficient of variation equals
A. 0.1125%. B. 11.25%. C. 203.12%. D. 0.20312%.
Unlike a claim, a request for adjustment
A) is a formal complaint. B) should be phrased in a more aggressive tone. C) does not require supporting documentation. D) seeks a specific settlement. E) should always open with a buffer.
The duty not to commit waste means the tenant:
A. is responsible for the care and upkeep of the property. B. has the duty to make repairs irrespective of whether the damage was caused by his negligence or not. C. should take reasonable care to protect the property from criminal conduct. D. has the duty to pay rent in the agreed amount and at the agreed times.
When is the best time to discuss salary requirements?
A) When setting up the interview B) When first arriving at the interview C) After the interview is over D) When asked if you have any additional questions E) When the job offer is made