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Refer to the above diagram.The MPC and APC are both constant as income increases for:
Public Company Accounting Oversight Board
A nonprofit corporation established by Congress to oversee the audits of public companies in order to protect the interests of investors.
Enron
A former American energy company that went bankrupt in 2001 due to one of the largest accounting frauds in history.
WorldCom
Once a major telecommunications company that became infamous for its involvement in one of the largest accounting fraud scandals in history.
SEC
The U.S. Securities and Exchange Commission, a federal agency responsible for enforcing federal securities laws and regulating the securities industry.
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