When writing a bad-news message, one of your goals is to keep the reader's goodwill
Indicate whether the statement is true or false
True
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A nominal scale is of very limited usefulness in analyzing data
Indicate whether the statement is true or false
Barclay Bikes manufactures and sells three distinct styles of bicycles: the Youth model sells for $300 and has a unit contribution margin of $105; the Adult model sells for $850 and has a unit contribution margin of $450; and the Recreational model sells for $1,000 and has a unit contribution margin of $500. The company's sales mix includes: 5 Youth models; 9 Adult models; and 6 Recreational models. If the firm's annual fixed costs total $6,500,000, calculate the firm's contribution margin per composite unit.
A. $7,575. B. $1,055. C. $1,500. D. $1,950. E. $1,255.
If Marilyn and George form a corporation under the Revised Act with Marilyn as president and George as treasurer, Marilyn cannot also be corporate secretary
a. True b. False Indicate whether the statement is true or false
In a command economy, a general balance between supply and demand sustains prices, while an imbalance creates a price fluctuation.
Answer the following statement true (T) or false (F)