You have a very simple business with just four T-accounts. One has a credit balance of $34,888. The other three have debit balances of $23,322, $4,312, and $5,675. Are your accounts in balance?

a) Yes

b) No

The belief that changes in price level have no effect on the long-run quantity of final goods and services the economy can produce is illustrated by the

What is the compliment that you have been paid that you are most proud of? who gave you the compliment?

Suppose you paid $300 to take an economics course, which meets 30 times for one hour a class, during the course of the semester. Instead of attending class, you could have either flipped hamburgers for $8 an hour or waited tables for $5 an hour.

Smith company is a perfectly competitive firm. the market price of its output is $10. the firm is currently producing 100 units of output.

Lewis Incorporated and Clark Enterprises report the following amounts for the year. Lewis Clark Inventory (beginning) $ 16,000 $ 42,000 Inventory (ending) 10,000 52,000 Purchases 146,600 165,400 Purchase returns 7,000 52,000 Required: 1.

Question 20 if orange juice prices double next year, there will be a rightward shift in the demand for grapefruit juice. rightward shift in the supply of grapefruit juice. leftward shift in the supply of grapefruit juice.

When groups rely on identity to overcome collective action problems that do so by focusing on individual's self interests and not community interests. Group of answer choices True False

Is there anyone good in Accounting?

In Baer Food Co.'s Year 3 single-step income statement, the section titled Revenues consisted of the following: Net sales revenue $187,000 Discontinued operations: Income from operations of component unit (including gain on disposal of $21,600)

The owner of the new sharp scissors hair salon gave coupons to potential customers walking by her store to stimulate interest and trial of her new hair salon. the coupons are an example of advertising. publicity. sales promotion.