With the existence of fixed operating costs, a decrease in sales will result in ________ in EBIT.
A) a proportional increase
B) an equal increase
C) a less than proportional decrease
D) a more than proportional decrease
D) a more than proportional decrease
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Which of the following statements is true of franchising?
A. It offers the highest risk and requires the most investment but also has the lowest potential return on investment. B. It offers the highest risk and requires the least investment but also has the highest potential return on investment. C. It offers the highest risk and requires the most investment but also has the highest potential return on investment. D. It offers the lowest risk and requires the least investment but also has the lowest potential return on investment. E. It offers the lowest risk and requires the most investment but also has the highest potential return on investment.
Service providers like insurance companies that emphasize acquiring new customers rather than retaining current customers are broadening provider ________ of the gaps model of service quality.
A. Gap 1 B. Gap 2 C. Gap 3 D. Gap 4
Hull Company reported the following income statement information for the current year:
The beginning inventory balance is correct. However, the ending inventory figure was overstated by $20,000. Given this information, the correct gross profit would be:
A) $149,000.
B) $169,000.
C) $129,000.
D) $142,000.
E) $112,000.
Which of the following is an example of an objective assessment of employee performance?
A. Janet, a teacher, is judged by her ability to identify and correct problems in her classroom. B. Lisa, a media producer, is judged by the quality of the videos and simulations she produces. C. Darrell, a car salesman, is judged by the number of cars he has sold. D. Steven, an architect, is judged by the creativity of his designs. E. Sarah, a software engineer, is judged by her ability to collaborate with her co-workers.