Of the following, it is MOST important for a business objective to be ________

A) broad
B) motivational
C) specific
D) aspirational
E) flexible

C

Business

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Ajax Corporation is performing a sensitivity analysis on one of its product. The product currently sells for $210 per unit, with variable cost of $90 per unit and fixed costs of $400,000. Ajax currently sells 12,000 units of this product. Ajax is considering raising its price by 15%. If prices increase, then it is expected that units sold will decrease by 10%. Calculate the change in operating income.

A) $196,200 decrease B) $248,500 increase C) $248,500 decrease D) $196,200 increase

Business

Both modern portfolio theory and traditional portfolio management result in diversified portfolios, but they take different approaches to diversification

Indicate whether the statement is true or false.

Business