A Toronto Firm Has Current Sales of $1,465,000 and Is

question 308

Multiple Choice

A Toronto firm has current sales of $1,465,000 and is operating at 87% of its fixed asset capacity. How fast can the firm grow before any new fixed assets are needed?

• A) 11.49%
• B) 13.00 %
• C) 14.94%
• D) 15.07 %
• E) 15.81 %

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Definitions:

Psychosexual Development

Freud's theory describing how personality develops in childhood through a series of stages centered on erogenous zones.

Fixation

In psychoanalytic theory, a persistent focus of the id’s pleasure-seeking energies at an earlier stage of psychosexual development.

Reciprocal Determinism

The theory that a person's behavior is both influenced by and influences their personal factors and the environment.

Defence Mechanism

Subconscious methods employed to safeguard someone from the anxiety that stems from impermissible sentiments or thoughts.