A company with sales of $50,000, variable costs of $35,000, and fixed costs of $25,000 will earn a net income of $15,000
Indicate whether this statement is true or false.
Answer: FALSE
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A survey of CEOs of the 162 largest firms on Fortune's list of the 500 largest American corporations found that the CEOs strongly believed that:
A. an international orientation should be an important part of college business education. B. international business skills and knowledge were important for promotion to senior executive positions but not for appointment to entry-level positions. C. the importance of international business skills and knowledge for promotion to senior executive positions was higher for companies anticipating an increased level of importance of international activities in the next five years. D. all of the above. E. two of A, B, and C.
365 / Receivables Turnover =
A) Payment Period B) Collection Period C) Operating Period D) Receivables Period E) Payables Period