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Exhibit 21-7 Use the cost-volume-profit graph below to answer the following question(s) .
-Refer to Exhibit 21-7. Area D on the cost-volume-profit graph represents the:
Endorser
A person who signs their name on a document, often a check, to indicate their approval or to transfer ownership to another party.
Drawer
In a financial context, the person who writes or issues a check or draft instructing a bank to pay a specified sum of money to a designated party.
Liable
Legally responsible or obligated.
Promissory Note
A written and legally binding promise to pay a specific sum of money to a designated party at a specified time or on demand.
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