What is the different between economic profit and accounting profit

Which of the following is considered a cause of inflation? a. wages go down. b. producers raise prices to meet higher costs. c. there is not enough money in the economy. d. demand is less than supply.

The civil rights act of 1991 amended title vii to allow recovery of punitive damages in cases in which the employer has engaged in: a. racial discrimination. b. religious discrimination. c. discrimination based on creed. d.

vehicle operating cost is $2,990 per month plus $329 per snow-day. For the month of December, the company planned for activity of 23 snow-days, but the actual level of activity was 21 snow-days.

Defining a product means A. to identify components by a coding scheme that specifies size, shape, and the type of processing. B. to decide to produce a component or service or purchase from an outside source. C.

Tony's Market recorded the following events involving a recent purchase of inventory: Received goods for $80,000, terms 2/10, n/30. Returned $1,600 of the shipment for credit. Paid $400 freight on the shipment.

Southland Company is preparing a cash budget for August. The company has $17,000 cash at the beginning of August and anticipates $120,000 in cash receipts and $130,000 in cash disbursements during August.

Amanda Company purchased a computer that cost $10,000. It had an estimated useful life of five years and a residual value of $1,000.

Consumer surplus is a. the amount a buyer is willing to pay for a good minus the amount the buyer actually pays for it. b. the amount a buyer is willing to pay for a good minus the cost of producing the good. c.

You've borrowed $20,000 on margin to buy shares in ixnay, which is now selling at $40 per share. your account starts at the initial margin requirement of 50%. the maintenance margin is 35%. two days later, the stock price falls to $35 per share. a.

The length of a rectangle is twice the width the perimeter is 36 ft find length and width