SOLUTIONS / COMPLETE ACCURATE QUIZZES WITH
VERIFIED ANSWERS
1. Which of the following is NOT a strategic alternative to laying off employ- ees?
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..ANSWER>> implementing a restricted hiring policy ix ix ix ix ix
downsizing the workforce ix ix
loweringemployment standards mandating
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reduced hours Lowering Employment Standards
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2. KJ built his taco truck out of $75,000,000 worth of titanium and duct tape. He uses $10.25 of organic bok
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choy, $6.75 ofWisconsin cheddar cheese, and
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$25.25 of foie gras in each taco. If he sells tacos at $475 each, what is his break-even quantity?
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..ANSWER>> 194,640 ix
173,310
167,125
181,292
173,310
3. The Marketing Concept today is about what?
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..ANSWER>> Sales Relationships ix ix
Aggressiveadvertising Price ix ix
Sales
4. Which of these is not a cash flow activity category in the Statement of cash flows?
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..ANSWER>> operating. ix
investing. financing. ix
depreciating.
ix
Depreciating
5. Which one of the following statements is false?
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..ANSWER>> TC = TFC + TVC ATC = AFC + AVC ix ix ix ix ix ix ix ix ix ix
AFC =TFC divided by Q MC = TC
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divided by Q
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AFC = TFC divided by Q
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, 6. The ratio that explains how efficiently companies use their assets to gener- ate revenue.
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..ANSWER>> Receivables turnover ratio
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Asset turnover ratio Income ratio
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