When Using Either a Trend Analysis or a Ratio Analysis,it

question 19

Multiple Choice

When using either a trend analysis or a ratio analysis,it is assumed that ________ will remain the same.

• A) staffing levels
• B) currency rates
• C) economic forecasts
• D) productivity levels
• E) recruitment plans

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Definitions:

Profitable

Generating revenue that exceeds the expenses, costs, and taxes needed to sustain the activity.

Average Total Cost

The cost per unit of output, calculated by dividing the overall production costs by the number of units produced.

Profit-maximizing

A strategy or point where a business reaches the highest possible profit level with given operational limits and market conditions.

Total Revenue

the overall amount of money generated by a firm from its sales activities before any costs or expenses are subtracted.