The company is deciding whether to drop product line F because it has an operating loss. Assume that $15,000 of total fixed costs could be eliminated by dropping F. What effect would this decision have on operating income?

Accelerate Rollerblades has three product lines—D, E, and F. The following information is available:







A) Operating income will increase by $35,000.

B) Operating income will increase by $20,000.

C) Operating income will decrease by $5000.

D) Operating income will decrease by $15,000.


C) Operating income will decrease by $5000.

Business

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Venture capitalists look for ventures that will earn them ________ times their original investment

a. two to five b. five to ten c. seven to twelve d. ten to fifteen

Business

Calculate the amount due on the following invoice: sales tax rate = 9.3%; taxable amount on invoice is $4,906

a. $5,196.45 b. $5,263.50 c. $5,260.26 d. $5,362.26

Business

In 2012, seventy percent of Canadian households had an internet connection. A sample of 484 households taken in 2013 showed that 75% had an internet connection. We are interested in determining whether or not there has been a significant increase in the percentage of the Canadian households that have internet connections

a. State the null and alternative hypotheses to be tested. b. Compute the test statistic. c. The null hypothesis is to be tested at 95% confidence. Determine the critical value(s) for this test. d. What do you conclude?

Business

In which year can e-commerce be said to have begun?

A. 1983 B. 1985 C. 1995 D. 2001

Business