Abond is:

a.
a type of debt that a company issues to investors for a specified period of time.

b.
a share of ownership in a company.

c.
a type of investment that is only offered by depository institutions.

d.
a type of investment that has the potential for significant fluctuations over a short period of time.

When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting

Lindon company is the exclusive distributor for an automotive product that sells for $30.00 per unit and has a cm ratio of 30%. the company’s fixed expenses are $162,000 per year. the company plans to sell 20,200 units this year. required: 1. what are the variable expenses per unit? (round your "per unit" answer to 2 decimal places.) 2. what is the break-even point in unit sales and in dollar sales? 3. what amount of unit sales and dollar sales is required to attain a target profit of $72,000 per year? 4. assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $3.00 per unit. what is the company’s new break-even point in unit sales and in dollar sales? what dollar sales is required to attain a target profit of $72,000?

You should do all of the following before a job interview except