Bungert Inc The Company's Minimum Required Rate of Return Is 12% and \begin{array}{lr}
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question 113

Multiple Choice

Bungert Inc. reported the following results from last year's operations: $\begin{array}{lr}\text { Sales } & \$ 15,200,000 \\\text { Variable expenses } & 9,470,000 \\\text { Contribution margin } & 5,730,000 \\\text { Fixed expenses } & 4,818,000 \\\text { Net operating income } & \$ \quad 912,000 \\\end{array}$ The company's minimum required rate of return is 12% and its average operating assets were $8,000,000. Last year's residual income was closest to:

• A) $912,000
• B) ($48,000)
• C) $992,000
• D) ($972,800)

Identify ancient cities and their contributions to human history, including architectural and infrastructural innovations.

Acknowledge the diversity of materials and technologies used by ancient civilizations, such as the production of bronze and the use of glass.

Understand the societal structures and urban planning of ancient cities, including their economic systems and the importance of trade routes.

Recognize the impact of geography and environmental factors on the development and decline of ancient civilizations.

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Definitions:

Systematic Desensitization

A treatment for phobias that attempts to reduce fear in many small steps by associating the feared thing with calmness.

Variable-Ratio Reinforcement

A schedule of reinforcement where a response is rewarded after an unpredictable number of responses, promoting a high and steady response rate.

Fixed-Ratio Reinforcement

A type of conditioning schedule where a response is reinforced only after a specified number of responses have occurred.

Variable-Interval Reinforcement

A schedule of reinforcement where responses are rewarded after unpredictable intervals of time, enhancing response rates and resistance to extinction.