To find the number of units that must be sold to achieve a desired operating income, total fixed
expenses plus the desired operating income are divided by the contribution margin ratio.
Indicate whether the statement is true or false
FALSE
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Common review dates provide which of the following advantage?
A) The company can equate all employees' job performance at the same time. B) The company minimizes the administrative burden of the plan. C) The company trains supervisors about the most effective way to conduct performance reviews. D) Common review dates ensure that some employees' reviews will be overlooked.
Jane would like to save money on her homeowners premium. All of the following steps will help her to reduce her homeowners premium EXCEPT
A) raising the deductible in the homeowners policy to a higher amount. B) shopping around a homeowners policy. C) installing burglar alarms, smoke detectors, and dead-bolt locks. D) adding a personal property replacement cost endorsement.