In marginal analysis, the focus is on the incremental (marginal) profitability associated with increasing or decreasing volume.
a. true
b. false
Ans: a. true
You might also like to view...
Hillsborough Glassware Company issues $1,042,000 of its 14%, 10-year bonds at 97 on February 28, 2017
The bonds pay interest on February 28 and August 31. Assume that Hillsborough uses the straight-line method for amortization. What net amount will be reported for the bonds on the August 31, 2017 balance sheet? A) $1,012,303 B) $1,042,000 C) $1,009,177 D) $1,010,740
For a high school student, Tim is highly concerned about environmental issues. He is a strong supporter of the garbage recycling and afforestation campaigns taken up by the environmental activists in his neighborhood
He wants to become a full time volunteer for their upcoming wildlife protection program and has even saved money to contribute to the cause. This group of environmental activists can be categorized under which of the following reference groups? A) primary group B) secondary group C) aspirational group D) dissociative group E) cognitive group