12. what are used to help prepare financial projections? a. projected statements of operations b. projected cash flow statements c. operating budgets

24. what does the strategic plan help managers to accomplish? a. preparation of financial statements b. consolidation of capital budget c. Harmonization of a business with its environment

28.When is the profit break-even point achieved? a. when the revenue covers variable costs and profit objective. b. when the CM covers fixed costs and the profit objective c. when the CM covers all costs and the profit objective

31. A company provides the information below. If the company hires a new sales representative at an estimated cost of $60,000, what is the companys new revenue break-even point? Renue $2,500,000 Total variable costs $1,700,000 Total fixed costs $700,000 $2,575,000 $2,675,000--------------confused in numbers 2,375,000