According to the worldwide revenue figures for 2014, Omnicom Group is the world's largest advertising organization
Indicate whether the statement is true or false
FALSE
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Benjamin Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. Fixed Element per MonthVariable Element per Container RefurbishedRevenue $5,400Employee salaries and wages$58,300 $1,000Refurbishing materials $700Other expenses$31,200 When the company prepared its planning budget at the beginning of March, it assumed that 26 containers would have been refurbished. However, 23 containers were actually refurbished during March.The amount shown for total expenses in the planning budget for March would have been closest to:
A. $128,600 B. $133,700 C. $143,226 D. $126,700
Increasing international exchange in goods and services can run into the difficulty of one offering that meets the needs of customers at differing income levels.
Answer the following statement true (T) or false (F)
A merchant receives nonconforming goods, rightfully rejects and appropriately notifies the seller, but the seller has no agent in the buyer's city. The goods are perishable and will decline in value speedily. The merchant buyer has no further duty to the seller other than to await the seller's instructions
Indicate whether the statement is true or false
Speckman Enterprises, Inc., produces and sells a single product whose selling price is $200.00 per unit and whose variable expense is $68.00 per unit. The company's monthly fixed expense is $514,800.Assume the company's target profit is $12,000. The dollar sales to attain that target profit is closest to: (Round your intermediate calculations to 2 decimal places.)
A. $1,549,412 B. $526,800 C. $958,131 D. $798,182