Gamble Company has contribution margin of $20 per unit and a break-even point of 10,000 units. If Gamble sells 9,999 units, what would be its net income or loss? Explain how you calculated your answer.
What will be an ideal response?
Answers will vary
The company would be one unit below the break-even point, so its net loss would equal the contribution margin provided by one unit of product or $20.
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A) don't affect persuasive messages. B) can profoundly affect the success of a persuasive message. C) are important when addressing international audiences, but not those in the U.S. D) are so complex that no one can truly understand them. E) are important to consider for negative messages, but not for persuasive messages.
List and describe the characteristics of trustworthiness.
What will be an ideal response?
To qualify as a holder in due course, the holder must take the instrument
a. for value. b. in good faith. c. without knowledge that the paper might be overdue. d. under all of the circumstances stated above.
Whether a combination is merger or a consolidation, the rights and liabilities of the shareholders are the same
Indicate whether the statement is true or false