Economics can be defined as the study of?

b. how society spends the income of individuals.

a. for whom resources are allocated to increase efficiency

d. none of the choices are correct. how scarce resources are allocated.

The Valentine Company has decided to buy a machine costing $14,750. Estimated cash savings from using the new machine amount to $4,500 per year. The machine will have no salvage value at the end of its useful life of five years.

Suppose the united states eliminateseliminates steel tariffs. how does the change in steel import restrictions affect automobile manufacturers who use steel as an input?

Green Day Corporation has outstanding 400,000 shares of $10 par value common stock. The corporation declares a 100% stock dividend when the fair value of the stock is $65 per share.

In a for-profit organization, the primary objective of which of the following is to oversee the organization's business activities and management for the benefit of shareholders, employees, customers, suppliers, and the community?

A master plan is devised for a. emergencies. b. long-range goals. c. investments. d. short-term goals

A building with a book value of $54,000 is sold for $63,000 cash. Using the indirect method, this transaction should be shown on the statement of cash flows as an increase of a.

What is a diversionary incentive? a. a temptation to switch trading partners to get a better deal b. an opportunity to change international agreements while other states are preoccupied with a conflict c. a payoff for avoiding war d.

A business may decide to pay employee salaries every week, every two weeks, twice a month, or once a month. True or False?

Bank of the Atlantic has liabilities of $4 million with an average maturity of two years paying interest rates of 4.0 percent annually. It has assets of $5 million with an average maturity of 5 years earning interest rates of 6.0 percent annually.

Why does unoka consult the oracle? what does the oracle tell him?