Societies are faced with which three basic questions about production of goods? A) what, how, and why B) what, where, and when C) what, how, and for whom D) when, where, and for whom
Which of the following is the correct maturity value equation for a loan of 1,000 for 30 days at 1.2%
25. When supply is low and demand is high, prices generally: A) Decrease B) Stay the same C) Increase D) Disappear
What is considered the biggest dilemma in economics? The Big 4 Factors of Production Supply and Demand Scarcity
Which of the following best describes the concept of scarcity? A . ) Resources and wants are both unlimited B D Resources are limited and cannot satisfy all wants C . ) Wants are limited and resources are abundant D . ) Resources are infinite and can satisfy all needs
Which of the following is an asset? Land Mortgage Bank Loan Accounts Payable
What is the result of an increase in accounts payable during a period? Expenses on an accrual basis are the same as expenses on a cash basis. Expenses on an accrual basis are less than expenses on a cash basis. Expenses on an accrual basis are greater than expenses on a cash basis. Revenues on an accrual basis are less than revenues on a cash basis.
Fay is conducting a feasibility study for her new business idea. She's examining whether she has enough capital to start it on her own or whether she needs to find investors. What component of a feasibility study is Fay examining? resources competition efficiency substitution
If you wish to create a portfolio of stocks, what is the required minimum number of stocks? You must invest in at least two stocks of one corporation. You must invest in the stocks of at least 30 corporations. You must invest in stocks of more than one corporation. You must invest in stocks of at least 10 corporations.
30 Identifying hazards is the first step in risk assessment. True False
Multiple Choice Question During the necession that began in December of 2007, Amerkens reduced their overell charttable giving by approachinately __ percent from level's price to the recession. 5 10 20 50 70
itempts $\square $ $\square $ $\square $ 10. Problems and Applications Q10 Consider public policy almed at smoking. Studies Indicate that the price elasticity of demand for cigarettes is about 0.2. If a pack of dgarettes currently costs $\$ 5$ and the government wants to reduce smoking by $10\% $ It should increase the price by $50\% $ If the government permanently increases the price of cigarettes the effect on smaking 1 year from now will be smaller than the effect 3 m from now. Studies also find that teenagers have a higher price elasticity of cemand than do adults. Which of the following statements are consistent with this result? Check all that apply. It is legal for adults to consume alcohal so many choose to spend their money on that good rather than cigarettes. Adults are more likely to be addicted to cigarettes. Teenagers do not have as much income as adults, so they are more price sensitive. Average /3
Farragut Company uses ABC to account for its chrome wheel manufacturing process. Company managers have identified four manufacturing activities that incur manufacturing overhead costs materials handling, machine setup, insertion of parts and finishing. View additional information Read the reovirements. Requirement 1. Compute the cost allocation rate for each activity. First identify the formula, then compute the rate for each activity Activity cost Total activity overhead (est) Total activity allocation base is allocation rate Mat handling $\square +\square =\square por\quad port$
a. Stockholders invested cash in the business for common stock. b. Paid a cash dividend. c. Received cash from a customer who had previously been billed for services performed.
The Nalure of cires Income (L0 2.1) lane is a rooflng contractions. Jane's friend merded a new roof but did not have the cash lo piry. lare's friend Instead (wild with a used truk that Jane could us in har roofing busina ". The truck had originally cost the friend $\$ 17,500$ but It was ipitly used and only worth $56,000$ Jane Uit not actually need the truck and 'ended up selling it to a used tar dealar for $45,200$ a few months laler. What amount of gros income Jane must resognize as a itsult of the truck porment. $\square $ why? There $\square $ moception in the law for nencash temsirorived In excluing for services.
Question 25 (1 point) Dylan needs to insert the date and time in his document. What should he do? Click the Insert Date and Time button and select the desired option. Click the Cross-reference button. Click the Table button and select the desired option. Click the Link button and select the desired option.
asing a purchases journal LO6 The purchases journal for Electronic Source is given in the Working Papers. Instructions: Use page 9 of the purchases journal to journalize the following transactions completed during September of the current year. The purchase invoices used as source documents are abbreviated as P. Save the purchases journal to complete Problem $9-3$ Transactions: Sept. 2. Purchased merchandise on account from Henson Audio, $\$ 980.00.P354$ 5. Purchased merchandise on account from Peterson Electronics, $\$ 2,450.00.P355$ 13. Purchased merchandise on account from Atlanta Systems, $\$ 2,845.00.P356$ 19. Purchased merchandise on account from Lester Corporation, $\$ 680.00.P357$ 22. Purchased merchandise on account from Masonville Music, $\$ 4,890.00.P358$
According to Smith, incentives form the bedrock upon which markets are built: Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a True b False Saved
Cost certification programs offer two sections: an online portion and which of the following? a face-to-face skills portion a phone interview a video component a live journal or blog
For the previous health club problem, if the club doubles its break-even membership after a year, what will its profit be?(type number only, no text or dollar symbol) $\square $
