Examlex

Solved

If an Organization Wants to Make a Profit,it Must Generate

question 109

Short Answer

If an organization wants to make a profit,it must generate more sales revenue than the total costs it incurs.This relation can be expressed using which of the following profit equations?
A)Operating income = [Sales price per unit – Variable cost per unit x # units sold] – Fixed cost
B)Operating income = [Sales price per unit – Fixed cost per unit x # units produced] – Variable cost
C)Operating income = Sales revenue - Total variable costs - Discretionary costs
D)Operating income = Sales revenue - Committed costs - Fixed costs


Definitions:

Forgiveness

"An internal process of healing within the victim, whereby she or he is able to disconnect from self-destructive defenses and reactions, such as anger and guilt, brought to bear interpsychically in reaction to a traumatic event so as to move on toward a healthy lifestyle."

Victim

An individual who suffers harm, loss, or adversity, often due to an accident, crime, or other unfortunate event.

Holocaust Survivors

Individuals who managed to survive the Holocaust, the genocide of six million Jews and others by the Nazis during World War II.

Nazis

Members of the National Socialist German Workers' Party, a political group led by Adolf Hitler that ruled Germany from 1933 to 1945 and committed numerous atrocities during World War II.

Related Questions