Exempt securities typically include those issued by governmental bodies, by banks, and by not-for-profit corporations

If the variable cost per unit decreases, the total number of units required to break even will increase

Indicate whether the statement is true or false

Mini-Case Question. Based on the customer loyalty index (CLI) for the customer, what type of customer would you tell Fred that he has?

A) loyal customer B) repeat customer C) captive customer D) new customer E) unprofitable customer