At a base sales level of $400,000, a firm has a degree of operating leverage of 2 and a degree of financial leverage of 1.5. The firm's degree of total leverage is ________

A) 3.5
B) 3.0
C) 0.5
D) 1.3

B

Business

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If the Duncan Company issues 1,000 shares of $5 par value common stock for $70,000 the account

A) Common Stock will be credited for $70,000 B) Paid-in Capital in Excess of Par Value will be credited for $5,000 C) Paid-in Capital in Excess of Par Value will be credited for S65,000 D) Cash will be debited for $65,000

Business

A marketer conducting online sales needs to consider varying clickthrough fees in calculating the incremental cost of an online sale

Indicate whether the statement is true or false

Business