Repair Shop has a monthly target profit of $ 21 comma 000. Variable costs are 40 % of sales, and monthly fixed costs are $ 27 comma 000. Requirements 1. Compute the monthly margin of safety in dollars if the shop achieves its income goal. 2. Express Rodney's margin of safety as a percentage of target sales. 3. Why would Rodney's management want to know the shop's margin of safety?

Greater concern for innovation and quality has shifted the job trend to using more broadly defined jobs. t/f

The following pertains to smoke, inc.’s investment in debt securities: on december 31, year 3, smoke reclassified a security acquired during the year for $70,000. it had a $50,000 fair value when it was reclassified from trading to available-for-sale. an available-for-sale security costing $75,000, written down to $30,000 in year 2 because of an other-than-temporary impairment of fair value, had a $60,000 fair value on december 31, year 3. what is the net effect of the above items on smoke’s net income for the year ended december 31, year 3?

If a government accumulates chronic budget deficits over time, what's one possible result? a. a collective action problem b. a debt crisis c. regulatory capture d. an unfunded liability