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NEW QUESTION: 1
An engineer is preparing for an active site survey of a warehouse and is informed that they should not enter any areas
that are blocked by supplies that are difficult to move. Which option describes how the engineer should address this
restriction?
A. Extrapolate restricted access areas by drawing circles for AP coverage
B. Utilize a predictive tool to define coverage in off-limits areas.
C. Educate the customer about the importance of accurate and complete measurements.
D. Survey hallways, common areas, and storerooms.
Answer: C
NEW QUESTION: 2
An entity has a 50% gross margin, general and administrative expenses of US $50, interest expense of US $20, and profit of US $10 for the year just ended. If the corporate tax rate is
50%, the level of sales for the year just ended was:
A. US $90
B. US $135
C. US $150
D. US $180
Answer: D
Explanation:
Profit equals sales minus cost of sales, GSA expenses, interest, and tax. Given a 50% tax rate, profit before tax must have been US $20 [$10 profit -1_0 - 5 tax rate)]. Accordingly, profit before interest and tax must have been US $40$20 profit before tax + $20 interest), and the gross margin sales - cost of sales) must have been US $90$40 profit before interest and tax + $50 G&A expenses). If the gross margin is 50% of sales, sales equals US $180$90 gross margin - .5).
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