If sales revenues are $400,000, cost of goods sold is $310,000, and operating expenses are $60,000, what is the gross profit?

Once dan kim has successfully tested the concept for a new product, his next step would be

On October 1, Black Company receives a 9% interest-bearing note from Reese Company to settle a $20,000 account receivable. The not is due in six months. At December 31, Black should record interest revenue of a. $0 b. $450 c. $900 d. $1800

A company must repay the bank a single payment of $20,000 cash in 3 years for a loan it entered into. The loan is at 8% interest compounded annually. The present value of 1 (single sum) at 8% for 3 years is 0.7938.

Antonio works for a textbook publisher. However, his dream is to establish a home-based business providing his services to a variety of publishers.

If a petty cash fund is established in the amount of $250, and contains $151 in cash and $94 in receipts for disbursements when it is replenished, the journal entry to record replenishment should include credits to the following accounts a.

Which of the following is an example of capital outflow for Germany? a. German company Haribo sells a production facility in Ireland to an Irish competitor b. Volkswagen exports the new 2014 VW Beatle to the United Kingdom c.

Financial institutions are more diversified today than they were in the past, when federal laws kept investment banks, commercial banks, insurance companies, and similar organizations quite separate.

Corny and Sweet grows and sells sweet corn at its roadside produce stand. The selling price per dozen is $4.00, variable costs are $2.00 per dozen, and total fixed costs are $1,200.00. What are breakeven sales in dollars?

Looking at motivation from a content theory approach, the psychological contract suggests that, in return for time, effort, and other considerations, individuals want to receive:

Over the past 30 years, the price of oil has been relatively unstable, fluctuating between $11.00 and well over $100 per barrel Which of the following potentially contributes to oil-price instability?