The line that begins at the origin on a CVP graph represents
A) total fixed expenses.
B) total sales revenues.
C) total expenses.
D) both the total expenses and the total sales revenues.
B
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Acme, Inc. is considering a four-year project that has an initial outlay or cost of $100,000. The respective future cash inflows from its project for years 1, 2, 3 and 4 are: $50,000, $40,000, $30,000 and $20,000
Will it accept the project if it's payback period is 31 months? A) Yes, because it pays back in 25 months. B) Yes, because it pays back in 28 months. C) No, because it pays back in over 31 months. D) No, because it pays back in over 35 months.
What is the first step in organizing a union?
A) Ask the employer for official union recognition. B) The National Labor Relations Board holds an election and if 50 percent or more of the votes agree to unionization, the union receives certification. C) Get 30 percent or more of the company's workers to sign an authorization card. D) Petition the National Labor Relations Board to decide if it has enough votes and which union should represent the workers. E) The National Labor Relations Board holds a hearing to decide on the appropriate bargaining unit.