The correlation coefficient _____
a. is the same as the covariance
b. can be larger than 1
c. cannot be larger than 1
d. cannot be negative
c
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Phoenix Corporation manufactures smartphones, generally selling from 200,000 to 300,000 units per year. The following cost data apply to the activity levels shown:Number of Units200,000250,000300,000Total costs??? Fixed$ 15,000,000?? Variable24,000,000??Total costs$ 39,000,000??????Cost per Unit??? Fixed$ 75?? Variable120??Total cost per unit$ 195??Required: 1.) Complete the preceding table by filling the missing amounts for 250,000 and 300,000 units.2.) Assume that Phoenix actually makes 280,000 units. What would be the total costs and the cost per unit at this level of activity? (Round the cost per unit to two decimal points)3.) If Phoenix sells each unit for $220, what is Phoenix's magnitude of
operating leverage at sales of 280,000 units? (Round to two decimal points.) What will be an ideal response?
Free cash flow will increase with a decrease in:
A) tax rate. B) depreciation expense. C) accruals. D) Both A and C.
Which of the following statements about the wholesale and agency models for selling books is not true?
A) In the wholesale model, the retailer decides at what price to sell a book to the consumer. B) Amazon surprised traditional publishers by selling e-books for below their wholesale cost. C) Amazon supports the agency model. D) A result of the agency model was that Amazon's prices on e-books rose.
Which of the following is a part of the suite of protocols used for Internet communications that connect Ethernet and other networks together?
A) File Transfer Protocol B) Transmission Control Protocol C) Hypertext Transfer Protocol D) Routing Information Protocol