Use the Following Information to Answer the Question

question 45

Multiple Choice

Use the following information to answer the question. By examining the phylogenetic tree diagrammed in the figure, what conclusion can you draw about the species G. microti?

• A) It evolved before G. intestinalis.
• B) It is more closely related to G. muris than to G. intestinalis.
• C) It should not be labeled a species distinct from G. intestinalis.
• D) It is part of a monophyletic group that also includes G. intestinalis.

Determine the margin of safety in both dollar terms and as a percentage.

Analyze the effects of a change in sales mix on the break-even point and net operating income.

Understand the concept and computation of break-even points in both sales units and dollar sales.

Grasp the principle of the contribution margin ratio and its impact on profitability.

---

Definitions:

Consumer Surplus

The discrepancy between what consumers are prepared and capable of spending on a product or service versus what they end up paying.

Decreases Price

A reduction in the cost or value of a good or service.

Consumer Surplus

The variance between the overall sum consumers can and will pay for a good or service and what they genuinely spend on it.

Producer Surplus

The difference between the amount that producers are willing and able to sell a good for and the actual amount they receive (higher market price).