The Following Per Unit Information Is Available for a New

question 29

Multiple Choice

The following per unit information is available for a new product of Blue Ribbon Company: $$\begin{array} { l r } \text { Desired ROl } & \$ 15 \\\text { Fixed cost } & 50 \\\text { Variable cost } & 100 \\\text { Total cost } & 150 \\\text { Selling price } & 165\end{array}$$ Blue Ribbon Company's mark-up percentage would be

• A)9%.
• B)10%.
• C)30%.
• D)65%.

Understand the duties and legal standing of promoters in corporate formation.

Grasp the concept of ultra vires acts and their significance in corporate operations.

Understand the implications of a corporation's citizenship and legal status.

Recognize the legal requirements and consequences regarding corporate bylaws, property, and liability.

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Definitions:

Predictive Signal

An indication or sign that precedes and suggests the probable occurrence of a future event or outcome.

Surprise

An emotional and cognitive response to unexpected events or information.

Classical Conditioning

An acquisition of knowledge approach where two stimuli are regularly coupled; a behavior that at the outset is triggered by the second stimulus becomes, over time, elicited by the first stimulus alone.

Blocking

A learning phenomenon where an already established association to a stimulus inhibits the formation of an association to a new stimulus.