Question
1.Given S = P(1+rt), solve for t. 2.What is the meaning of the y-intercept in a cost function graph? 3.What is the purpose of the
1.Given S = P(1+rt), solve for t.
2.What is the meaning of the y-intercept in a cost function graph?
3.What is the purpose of the consumer price index?
4.If a company is operating beyond the breakeven point, then does each additional dollar of revenue add a dollar to the net income?
5.Is the break-even volume, in units, a) the ratio of fixed cost per unit contribution marginorb) the ratio of selling price per unit contribution margin?
6.In ordinary dating, are both the credit and discount periods measured with Day 1 being the invoice dateorthe day after?
7.Is the contribution rate the difference between the selling price and the variable cost per unit?
8.Is markup the difference between selling price and cost of buying plus expenses,orthe sum of expenses and profit?
9.Is the face value of a Treasury bill the present value or the future value?
10.If an investment loses 30% in one year and gains 30% the following year, is there a net change in value?
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