An assumption of CVP analysis is that all costs can be classified as either variable or fixed. true or false

Corporations and partnerships have an advantage over proprietorships because a sole proprietor is exposed to unlimited liability, but the liability of all investors in the other types of businesses is more limited. TrueFalse

Mcmurtry corporation sells a product for $180 per unit. the product's current sales are 12,900 units and its break-even sales are 11,094 units. the margin of safety as a percentage of sales is closest to:

the policy makers pursue a fiscal policy. assume that the marginal propensity to consume is 0.8 and the value of the inflationary gap is $400 billion. should the government increase, decrease, or not change its discretionary spending

Activity Levels Used to Compute Overhead Rates Reggie Wilmore has just started a new business-building and installing custom garage organization systems.

Pat gave 5,000 shares of stock in Coyote Corporation (a publicly traded corporation) to her church (a qualified charitable organization) in the current year. The stock was worth $180,000.

6. You head the product development division of a major corporation. How can you get the people in your division to come up with ideas for new products?

Unable to borrow from other banks, University Bank is forced to turn to the Federal Reserve for needed funds. What is the interest rate the Federal Reserve will charge University Bank called? A. open market operations required B. reserve ration C.

First national bank charges 13.2 percent compounded monthly on its business loans. first united bank charges 13.5 percent compounded semiannually. calculate the ear for first national bank and first united bank

A South American country exports coffee and estimates the demand function to be D (p) = 75 - 3p2. If the country wants to raise revenues to improve its balance of payments, should it raise or lower the price from the present level of $3 per pound?

A monopolistically competitive market could be considered inefficient because a. marginal revenue exceeds average revenue. b. price exceeds marginal cost. c. the efficient scale of production is only achieved in the long run, not in the short run. d.