A variable cost is one that increases as output increases and decreases as output decreases

Indicate whether the statement is true or false


True

Business

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Adding the market development index and share development index to a sales forecast provides a way to understand the potential for future sales growth

Indicate whether the statement is true or false

Business

Which of the following is NOT classified as an operating activity?

a. Interest received b. Interest paid c. Dividends received d. Dividends paid

Business

Charlie wants to retire in 15 years, and he wants to have an annuity of $50,000 a year for 20 years

after retirement. Charlie wants to receive the first annuity payment the day he retires. Using an interest rate of 8%, how much must Charlie invest today in order to have his retirement annuity (rounded to nearest $10)? A) $167,130 B) $256,890 C) $315,240 D) $200,450

Business

High product differentiation is generally accompanied by

A. decreased emphasis on competition based on price. B. higher market share. C. higher profit margins and lower costs. D. significant economies of scale.

Business