If the government currently has a budget deficit, then

a. government expenditures are greater than taxes.

b. it does not necessarily have a debt.

c. its debt is increasing.

d. all of the above are correct.

Carl agreed to build a cedar deck for the Thrashers for $7,000. After he began the work, the Thrashers asked him to add cedar flower boxes at one side. Carl replied he would, but it would cost an additional $600.

Suppose that the United States and Canada both produce only two products, televisions and food. The United States can produce 100 televisions a day, 150 pounds of food a day, or any combination in between.

Prepaid expenses are eventually expected to become expenses when their future economic value expires. become revenues when services are performed. become expenses in the period when they are paid. become revenues when the liability is no longer owed.

Mays, Inc. had net income for 2014 of $1,060,000 and earnings per share on common stock of $5. Included in the net income was $150,000 of bond interest expense related to its long-term debt. The income tax rate for 2014 was 30%.

What role of money allows consumers to compare prices?: A) Medium of Exchange B) Store of value C) Standard of Value D) Divisibility

You should not pursue a career in an industry that has experienced even a small decline in employment growth. True False

Header Motor, Inc., paid a $3.91 dividend last year. At a constant growth rate of 7 percent, what is the value of the common stock if the investors require a 16 percent rate of return? The value of the common stock is $ nothing.

Beerbo Corporation purchased Mitter Lite Company three years ago. As a result of the acquisition, Beerbo recorded goodwill of $400,000 at that time and created the Mitter Lite Division (MLD).

Ashley's Coffee Shop makes a blend that is a mixture of two types of coffee. Type A coffee costs Ashley $4.30 per pound, and type B coffee costs $5.90 per pound. This month, Ashley made 142 pounds of the blend, for a total cost of $749.80.

Describe a decision you made that wasn't popular and how you handled implementing it for entry level