A line on the income statement that indicates what a department has left after covering cost of goods sold and direct expenses is A. the gross margin. B. the net income. C. the contribution margin. D. None of the above

Lance Brothers Enterprises acquired $720,000 of 3% bonds, dated July 1, on July 1, 2016, as a long-term investment. Management has the positive intent and ability to hold the bonds until maturity.

While Mary Corens was a student at the University of Tennessee, she borrowed $11,000 in student loans at an annual interest rate of 11%.

What are the advantages of using capital in the production process? What is meant by the term ""division of labor""? What are the advantages of specialization in the use of human and material resources?

Does 3d rendering service popular nowaday? I've learn a new service called 3d rendering which is for architects, design and real estate. What's the advantage of it?

The following information is available for the first year of operations of Creston Inc., a manufacturer of fabricating equipment: Sales $1,261,800 Gross profit 340,700 Indirect labor 113,600 Indirect materials 46,700 Other factory overhead 21,500

According to marshall mcluhan, what created the "global village"?

When recording responses to open-ended questions, it is okay for the interviewer to rephrase the respondents' answers?

The research and development division of Anchor Inc., a manufacturing firm, has a sizeable number of engineers for its employees.

Best Buy sales for any given month are 20% cash and 80% credit. Of the credit sales, half are collected the month after the sale and half are collected two months after the sale.

True or false: households sell finished products to businesses.