Question 29 (2 points)

Which of the following is not a synonym for breakeven volume?

Question 29 options:

	Breakeven amount
	Breakeven point
	Breakeven quantity
	Breakeven level

Question 30 (2 points)

Which of the following best provides an indication of the relative benefits of growth to a business's owners?

Question 30 options:

	Net profits
	Profitability ratios
	Return ratios
	Operational efficiency ratios

Question 31 (2 points)

Toni Barnes currently owns four auto dealerships in her holding company TB LLC. In reviewing the projected financial statements for the acquisition of another auto dealership, Toni notes that if the acquisition is completed, both the assets and liabilities of TB LLC will have increased. Which of the following is true?

Question 31 options:

	The projected financial statements indicate increased profits
	The proposed acquisition is a good idea financially
	The proposed acquisition is a poor idea financially
	Assets and liabilities would be expected increase with the addition of another division

Question 32 (2 points)

If a business sells exactly its breakeven volume:

Question 32 options:

	The business is losing money
	The business is making a small profit
	The neither making money nor losing money
	The unit contribution margin is zero

Question 33 (2 points)

The collection period measures _______.

Question 33 options:

	Weekly collections
	The time it takes the company to pay for the goods and services they purchase
	The time it takes customers to pay for the goods and services they purchase
	The number of days it takes for a business to convert its products into cash