The Davidson Company's breakeven point in units is 40,000. Assuming that variable costs are 60% and fixed costs are $300,000, what is the company's projected operating income if sales are $1,000,000?

A business renders services for $26,000 and collects cash from the customer. Which of the following accounts will be debited?

A) Cash B) Accounts Receivable C) Service Revenue D) Accounts Payable

When Heinz introduced its ketchup globally, it had to first deal with the fact ketchup is not a household staple in many countries outside North America. Heinz had to show foreign users how ketchup can be used. Globally, Heinz has had to rely primarily on which type of advertising?

a. persuasive b. influential c. informative d. compulsive