Which of the following statements is true if the variable cost per unit increases while the sales price per unit and total fixed costs remain constant?
A) The breakeven point decreases.
B) The contribution margin increases.
C) The breakeven point remains the same.
D) The breakeven point increases.
D
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Indicate whether the statement is true or false.
Hank and Irma are going through divorce because Hank was unfaithful in their marriage. The situation has upset Irma so badly that she wants to do everything she can to all but destroy Hank for the rest of his life. She is prepared to do whatever it takes to win. This is an example of which type of conflict?
A. low-intensity conflict B. medium-intensity conflict C. high-intensity conflict D. pseudoconflict
What is the correct formula in B8 to calculate the after-tax cost of debt?
a) =RATE(B1*B5,B2/B5*B4,-B3*(1-B6),B4)
b) =RATE(B1*B5,B2/B5*B4,-B3*(1-B6),B4)*B5*(1-B7)
c) =RATE(B1*B5,B2/B5*B4,-B3,B4)*B5*(1-B7)
d) =RATE(B1*B5,B2/B5*B4,-B3*(1-B6),B4)*(1-B7)
The premium on a two-year insurance policy expiring on June 30, 2015, was paid in total on July 1 . 2013 . The original payment was debited to the insurance expense account. The appropriate journal entry has been recorded on December 31 . 2013 . The balance in the prepaid asset account on December 31 . 2013 . should be
a. the same as the original payment. b. higher than if the original payment had been initially debited to an asset account. c. lower than if the original payment had been initially debited to an asset account. d. the same as it would have been if the original payment had been initially debited to an asset account.