High degrees of reciprocal influence between leaders and followers characterize the most effective organizations.
Answer the following statement true (T) or false (F)
True
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When a partner dies, the capital account balances of the remaining partners
a. will increase b. will decrease c. will remain the same d. may increase, decrease, or remain the same
Explicit locks are locks that are placed automatically by the DBMS
Indicate whether the statement is true or false
The break-even point is the point at which costs and rewards are equal for a certain level of expected performance.
Answer the following statement true (T) or false (F)
Serie Inc. reported the following results from last year's operations: Sales$16,800,000Variable expenses 10,640,000Contribution margin 6,160,000Fixed expenses 5,488,000Net operating income$ 672,000Average operating assets$7,000,000At the beginning of this year, the company has a $2,100,000 investment opportunity with the following characteristics: Sales$2,520,000 Contribution margin ratio 50% of salesFixed expenses$1,108,800 Last year's margin was closest to:
A. 36.7% B. 67.3% C. 4.0% D. 9.6%