The Housing Affordability Index is based upon the relationship between the median family income and the income necessary to qualify for a loan on a median priced home

Sales for a firm are $500,000, cost of goods sold are $400,000, and interest expenses are $20,000. What is the gross profit margin?

A) 16.0% B) 20.0% C) 4.0% D) 25.0% E) 30.0%

An organization using which of the following technologies, as identified by Thompson, is most likely to use vertical integration as a strategy for reducing uncertainty?

A) mediating technology B) long-linked technology C) sequential-process technology D) intensive technology