Which of the following statements is true of operating leverage? a. It shows how far a company's actual sales and/or units are above or below the break-even point. b. It is the difference between price and unit variable cost. c. It is the use of fixed costs to increase the percentage changes in profits as sales activity changes. d. It is the ratio of total contribution margin to sales or of unit contribution to price. e. None of these choices are correct.

The management of a private investment club has a fund of $250,000 earmarked for investment in stocks. to arrive at an acceptable overall level of risk, the stocks that management is considering have been classified into three categories: high risk (x), medium risk (y), and low risk (z). management estimates that high risk stocks will have a rate of return of 15%/year; medium risk stocks, 10%/year; and low risk stocks, 6%/year. the amount of money invested in low risk stocks is to be twice the sum of the amount invested in stocks of the other two categories. if the investment goal is to have a rate of return of 9% on the total investment, determine how much the club should invest in each type of stock. (assume that all the money available for investment is invested.)

An object that is clicked on and takes the presentation to a new targeted file is done through a

Which of the following best explains why the demand for housing is more flexible than the supply? a. new housing developments are being constructed all the time. b. low interest rates for mortgages make buying a home very affordable. c. the increasing population always drives demand upwards. d. people can move more easily than producers can build new homes.