Experts on Call Provides Computer Repairs On-Site and Has a Contribution

question 59

Multiple Choice

Experts on Call provides computer repairs on-site and has a contribution margin ratio of 35%, a contribution margin per service call of $15, and fixed costs of $12,000 per month.During March, it made 1,200 service calls.How much will Experts on Call's profit increase if 200 more service calls are made?

• A)$1,000
• B)$350
• C)$1,050
• D)$3,000

Understand the role of the board of directors in dividend policy decisions and the legal framework governing dividends.

Identify the reasons behind stock repurchases and their effects compared to dividend payments.

Assess the relevance of dividends as a basis for the value of stocks.

Grasp the concept of dividend preference and its impact on investor behavior and stock valuation.

---

Definitions:

Behavior

Refers to the actions or reactions of an individual, in response to external or internal stimuli, visible to others.

Social Psychologists

Researchers or practitioners who specialize in studying how individuals' thoughts, feelings, and behaviors are influenced by the social context or the presence of others.

Unconscious Motivations

Drives and desires operating below an individual's conscious awareness that influence behaviors and decisions.

Person's Situation

The set of environmental circumstances or contexts that can influence an individual's behavior and decisions.