Answer the Following Question(s)using the Information Below

question 109

Multiple Choice

Answer the following question(s) using the information below.Kaiser's Kraft Korner sells a single product.7,000 units were sold resulting in $70,000 of sales revenue, $28,000 of variable costs, and $12,000 of fixed costs.
-If sales increase by $25,000, operating income will increase by

• A)$10,000.
• B)$15,000.
• C)$22,200.
• D)$12,500.
• E)$8,000.

Understand consumer protection laws and regulations.

Identify legal actions available for receiving unordered merchandise.

Recognize the legal implications of strict product liability.

Understand discrimination prohibitions in credit applications.

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Definitions:

Deposits

Deposits refer to the action of placing money into a bank or financial account or the sum of money placed.

Compounded Quarterly

A method of calculating interest where the interest is added to the principal amount four times a year.

Present Value

The now value of a future cash sum or chain of cash flows, with a specified rate of return.

Loan Payments

Regular payments made to repay borrowed money, typically including both principal and interest components.