Question
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
Question 29 (2 points)
Which of the following is not a synonym for breakeven volume?
Question 29 options:
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Breakeven amount
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Breakeven point
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Breakeven quantity
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Breakeven level
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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:
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Net profits
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Profitability ratios
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Return ratios
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Operational efficiency ratios
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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:
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The projected financial statements indicate increased profits
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The proposed acquisition is a good idea financially
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The proposed acquisition is a poor idea financially
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Assets and liabilities would be expected increase with the addition of another division
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Question 32 (2 points)
If a business sells exactly its breakeven volume:
Question 32 options:
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The business is losing money
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The business is making a small profit
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The neither making money nor losing money
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The unit contribution margin is zero
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Question 33 (2 points)
The collection period measures _______.
Question 33 options:
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Weekly collections
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The time it takes the company to pay for the goods and services they purchase
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The time it takes customers to pay for the goods and services they purchase
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The number of days it takes for a business to convert its products into cash
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