Wgu D196 Pre Assessment Questions And Answers 100% Verified A+ Guaranteed

Which action would make the profitability of the company in 20X9 the same as in 20X7? Increasing the proportion of gross profit to sales by about 2% Paying back interest expenses earlier in the year Decreasing the proportion of operating income to sales by about 2% Increasing the operating expenses by about $20,000 {Ans: Increasing the proportion of gross profit to sales by about 2%}For purposes of cash flow classification in the statement of cash flows, which item is an operating activity? Buying equipment Selling bonds Distributing dividends Paying employees {Ans: Paying employees}Why is the concept of relevant range important to a manager? Outside the relevant range, the variable cost per unit can change. Inside the relevant range, the variable cost per unit can increase. Outside the relevant range, the variable cost per unit stays constant. Inside the relevant range, the total fixed cost can change. {Ans: Outside the relevant range, the variable cost per unit can change.}Which type of account are accounts payable and notes payable both examples of? Liability Expense Asset Equity {Ans: Liability}Horizontal and Vertical Analysis {Ans: }Which label is given to the cost of electricity in a furniture factory? Direct labor