At a Sales Level of 20,000 Units,Pony Corp

question 72

Multiple Choice

At a sales level of 20,000 units,Pony Corp.has sales of $400,000,a variable cost ratio of 60%,and a profit of $40,000.What is the break-even point in units?

• A)8,000
• B)12,000
• C)15,000
• D)20,000

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Definitions:

Basis of Personality

The underlying factors or elements that dynamically shape an individual's character and behavior.

Rorschach Inkblot Test

A psychological test in which subjects' perceptions of inkblots are recorded and then analyzed using psychological interpretation, complex algorithms, or both, to examine a person's personality characteristics and emotional functioning.

Reliability

The extent to which a test yields a consistent, reproducible measure of performance.

Validity

The soundness of the conclusions that a researcher draws from an experiment. In the realm of testing, the extent to which a test measures what it is intended to measure.