At the breakeven point, contribution margin equals revenue
Indicate whether the statement is true or false
False
You might also like to view...
Answer the following statements true (T) or false (F)
1. Noise can affect written and spoken messages, and even nonverbal ones. 2. The communication process begins with the transmission of a message through a medium. 3. Media richness indicates how well a particular medium conveys information and promotes learning. 4. Face-to-face communication is the leanest form of communication.
The manager of a company is considering a special project that will increase sales revenue by $27,500 without affecting costs. If the company has a tax rate of 40%, what will be the after-tax income?
A) $16,500 B) $11,000 C) $27,500 D) $38,500
An exclusive license is defined as ________
A) a license that grants access to exclusive information for a limited period B) a license that restricts the licensee to some information only C) a license that grants rights to only one party for a specific period D) a license that grants licensees only a few rights in intellectual property
As the activity level increases, total fixed cost remains constant and unit fixed cost remains the same.
Answer the following statement true (T) or false (F)