When annual CEO salary and bonus are based on ____, the CEO can take actions to maximize shortterm profits
A. market forces
B. stock awards
C. net income
D. stock options
Answer: C. net income
Business
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A company made net sales revenue of $530,000, and cost of goods sold totaled $238,500. Calculate its gross profit percentage
A) 55% B) 45% C) 130% D) 300%
Business
Which of the following is NOT an assumption of the traditional economic order quantity (EOQ) model?
A. Holding and ordering costs are stable and known. B. Demand is constant and known. C. Supply lead time is constant and known. D. Quantity discounts are possible.
Business