Which of the Following Is True of a Trait That

question 87

Multiple Choice

Which of the following is true of a trait that creates a specific advantage for some organisms in the struggle to survive?

• A) It enables individuals with the trait to leave more offspring than other members of the population leave.
• B) It results in greater genetic diversity in the offspring of those organisms that possess it than in those that do not possess the trait.
• C) It causes the ratio of male and female offspring produced to be equal.
• D) It results in offspring that are genetically different than the parents.
• E) It results in non-heritable traits being passed from parent to offspring.

Understand and calculate operating leverage and its impact on company profits against sales changes.

Determine the effect of sales mix on a company's profitability and break-even analysis.

Understand the differences between variable costing and absorption costing and their impact on financial statements.

Apply principles of variable and fixed costs to solve for required sales to achieve targeted profits.

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Definitions:

Administrative Expenses

Overheads and costs relating to the general operation of a business, including salaries of non-sales personnel, rent, and utilities.

Profit Margin

A financial metric used to evaluate a company's profitability by comparing net income to revenue.

Merchandising Company

A business that purchases goods at wholesale and sells them at retail prices, typically consisting of activities involving buying and selling without significant alteration of the goods.

Periodic Inventory System

An inventory management method where the inventory count is conducted at specific intervals to determine the cost of goods sold.