The Prentice Company has provided the following information pertaining to its most recent
operations:
Sales $250,000
Contribution margin ratio $40%
Operating income $50,000
What is the breakeven point in sales dollars?
A) $125,000 B) $500,000 C) $200,000 D) $100,000
A
Business
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Which of the following is an unlawful and unenforceable restrictive covenant?
A) a promise to never construct an apartment building on the property B) a promise to never sell the land to any person born in China C) a promise to always use the land for growing cotton D) a promise to never construct a swimming pool on the property
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Which type of administrative agency's head answers to the president and may be disciplined or terminated at the president's will?
a. Independent agency b. Executive agency c. Public service agency d. Social welfare agency
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