Research with industrial firms indicates that companies prefer to use either a centralized or decentralized training program, but rarely combine the two approaches.

London Plastics has monthly fixed costs of $87,000, while its variable costs are $4.60 per unit. If the sales price of a unit is $14.00 and London Plastics sell 15,000 units, the company's average fixed costs per unit will be

A) $5.80 per unit. B) $9.40 per unit. C) $10.40 per unit. D) $4.60 per unit.

Interest earned on a given deposit that has become part of the principal at the end of a specified period is called compound interest.

Indicate whether the statement is true or false.