Technological advances have resulted in fewer opportunities for small businesses abroad.

a. true
b. false

Answer: b. false

Business

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The required sales in units to achieve a target net income is

a. (sales + target net income) divided by contribution margin per unit. b. (sales + target net income) divided by contribution margin ratio. c. (fixed cost + target net income) divided by contribution margin per unit. d. (fixed cost + target net income) divided by contribution margin ratio.

Business

Using Table 7.6, suppose activity I is delayed, taking eight days to complete instead of two days. Assume all other activity times remain the same. How much longer will the total project earliest completion time become?

A) zero days B) one or two days C) three or four days D) five or six days

Business