Loyal Enterprises has sales revenue of $125,000 for 2014. Its product sells for $10 and has a 25 percent contribution margin. Fixed costs are $26,000. What is Loyal Enterprises' operating income for 2014?
A) $2,600
B) $26,000
C) $31,250
D) $5,250
D
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Based on the above information only, what amount of net cash flow would be shown in the financing section of the statement of cash flows?
Washington Company is preparing its statement of cash flows using the indirect method. Refer to the following portion of the comparative balance sheet:
Additional information provided by the company includes the following:
1. During 2019, the company repaid $38,000 of long-term notes payable.
2. During 2019, the company borrowed $27,000 on a new long-term note payable.
A) $(11,000)
B) $11,000
C) $65,000
D) $(65,000)
A typical whistle-blower law would probably prevent an employer from firing an employee if the employee
a. reported the employer for violating a labor law. b. told the press that the employer was producing inferior goods. c. gave away trade secrets to a competitor. d. none of these.
The ________ for a mixed strategy game assumes that the game is played many times
Fill in the blank with correct word.
Which of the following statements about sales training is true?
A. Sales training is usually needed only for new salespeople. B. Sales training programs should focus on product and company information, since research shows that training is not effective in developing selling skills. C. Sales training should be modified based on the experience and skills of the group involved. D. Sales training should include on-the-job observation, but classroom and web-based learning is rarely needed. E. Sales training usually isn't necessary if a new salesperson has had similar selling experience calling on the same customers for a competing company.