If a business had sales of $4,000,000, fixed costs of $1,300,000, a margin of safety of 25%, and a contribution margin ratio of 40%, what was the break-even point?
A) $3,250,000
B) $2,800,000
C) $5,200,000
D) $1,000,000
A
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Outside money is
A. money created by the government or by nature. B. money created by the private sector, such as checking accounts at banks. C. foreign currency. D. checks that are in the process of clearing but have not cleared yet.
The method of neglect handles spoilage that is
a. discrete and abnormal. b. discrete and normal. c. continuous and abnormal. d. continuous and normal.
Justine has a coaching session this morning with Sebastian. She wants to coach him on doing a more careful job when making a PowerPoint presentation. An effective tactic for Justine would be to
A) tell Sebastian to please listen for ten minutes before saying anything in the coaching session. B) explain to Sebastian that his recent PowerPoint presentation was wretched, and that anybody else in the department could have done a better job. C) point out a couple of specific errors Sebastian made in his recent PowerPoint presentation. D) accuse Sebastian of being careless and sloppy in his PowerPoint presentations.
An agent's duty to inform:
a. applies to material and nonmaterial facts relating to the agency. b. does not apply if providing facts to the principal would violate a superior duty owed by the agent to another person. c. arises because notice to an agent does not constitute notice to the principal. d. All of these.