A z-score is a standardized value that indicates the number of standard deviations a value is from the mode

The percent-of-sales method, used to compute bad debt expense, is also known as the balance sheet approach

Indicate whether the statement is true or false

A company has two different products that are sold in different markets

Financial data are as follows: Product A Product B Total Revenue $16,000 $9,400 $25,400 Variable cost (9,000 ) (9,900 ) (18,900 ) Fixed cost (allocated) (3,000 ) (2,100 ) (5,100 ) Operating income (loss) $4,000 $(2,600 ) $1,400 Assume that fixed costs are all unavoidable and that dropping one product would not impact sales of the other. If Product B is dropped, what would be the impact on total operating income of the company? A) increases by $2,100 B) increases by $500 C) decreases by $2,100 D) decreases by $500