If sales are $820,000, variable costs are 55% of sales, and operating income is $260,000, what is the contribution margin ratio? correct answer 45% you answered

Which of the following statements is a valid criticism of nonstatistical sampling? A. Nonstatistical sampling does not differ substantially from statistical sampling methods. B.

Bond X and Bond Y are both issued by the same company. Each of the bonds has a face value of $100,000 and each matures in 10 years. Bond X pays 8% interest while Bond Y pays 7% interest. The current market rate of interest is 7%.

The HR department is trying to fill a vacant position for a job with a small talent pool. Valid applications arrive every week or so, and the applicants all seem to bring different levels of expertise.

Which are results of regulation in a mixed-market economy? Check all that apply. 1: compliance with laws 2: advantages for producers 3: control of markets 4: advantages for government 5: control of externalities The answers are only 1 and 5.

Tenderfoot company uses a job costing system. The work in process inventory on December 31, 2012 consisted of Job No. 175. This job had been charged with direct materials of $17,400 and direct labor of $20,000.

The voucher system of control is designed to control cash disbursements and the acceptance of obligations. 1. the voucher system of control establishes procedures for

Data for January for Bondi Corporation and its two major business segments, North and South, appear below: Sales revenues, North $ 587,000 Variable expenses, North $ 340,600 Traceable fixed expenses, North $ 70,200 Sales revenues, South $ 453,200

When the allowance method of accounting for uncollectible accounts is used, then

Open-end mutual funds are the most common type of investment company. Which of the following statements characterize these funds? Check all that apply. a. Fairly liquid investments. b. Issue new shares in response to increased demand. c.

The effective rate of a $25,000 non-interest-bearing simple discount 10%, 90-day note is A. 10.62%. B. 10.8%. C. 10.26%. D. 10%.