Question 22 Which of the following is NOT one of the steps in the managerial decision-making process? Not yet answered Select one: Marked out of 2.00 p Flag question A. identifying alternative courses of action B. defining business goals C. gathering and analyzing relevant information O D. basing decisions on sunk costs Question 23 Boylan Company manufactures two products-toaster ovens and bread machines. The following data are available: Not yet answered Marked out of 2.00 P Flag question Bread Toaster Ovens Machines Sales price $70 $170 Variable costs $30 $70 Boylan can manufacture six toaster ovens per machine hour and four bread machines per machine hour. Boylan's production capacity is 1600 machine hours per month. Marketing limitations indicate that Boylan can sell a maximum of 6100 toasters and 4000 bread machines per month. Which product and how many units should the company produce in a month to maximize profits? (Round machine hour per unit to two decimal places and your final answer to the nearest whole dollar.) Select one: O A. 6100 toaster ovens and 2333 bread machines B. 6400 bread machines O C. 3600 toaster ovens and 4000 bread machines O D. 9600 toaster ovens Question 24 Which of the following is an expanded form of calculating return on investment? Not yet answered Marked out of 2.00 Flag question Select one: O A. Profit margin ratio x Asset turnover ratio O B. Net profit ratio x Inventory turnover ratio O C. Asset turnover ratio x Inventory turnover ratio O D. Gross profit ratio x EVA