When a company collects the face value of a bond investment at maturity, total assets increase

Indicate whether the statement is true or false

FALSE

Business

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Alex Miller, Inc., sells car batteries to service stations for an average of $30 each. The variable cost of each battery is $20 and monthly fixed manufacturing costs total $10,000. Other monthly fixed costs of the company total $8,000

Required: a. What is the breakeven point in batteries? b. What is the margin of safety, assuming sales total $60,000? c. What is the breakeven level in batteries, assuming variable costs increase by 20%? d. What is the breakeven level in batteries, assuming the selling price goes up by 10%, fixed manufacturing costs decline by 10%, and other fixed costs decline by $100?

Business

Unemployment benefits are paid for by a tax on the ________ and an equal levy on the ________

a. company's products; company's profit b. union funds; pension funds c. wages of the workers; employer's total payroll d. consumers; Social Security funds

Business