What entry would blue make to record the sale of the machine for $30,250 cash?

A business issued a 90-day, 9% note for $70,000 to a creditor on account. Illustrate the effects on the accounts and financial statements of recording (a) the issuance of the note and (b) the payment of the note at maturity, including interest.

Firms in which market structure hold the most market power? monopolistic competition monopoly oligopoly perfect competition

Assume that you are offered an annuity that pays $100 at the end of each year for 10 years. You could earn 8% on your money in other investments with equal risk. What is the most you should pay for the annuity

If I raise my price above what my niche market can afford then they will still buy my product or service because it is a great product! True False

Kendra just attended a sales conference in baltimore. she must now write a report summarizing her conference. what advice should she follow? a. begin her report by identifying the event. b. mention every topic that was discussed at the conference. c.

What is one difference between a firm in a perfectly competitive industry and a firm in a monopolistically competitive industry?

Grape Corporation purchased a machine in December of the current year. This was the only asset purchased during the current year. The machine was placed in service in January of the following year. No assets were purchased in the following year.

The beginning inventory is 52,800 units. All of the units that were manufactured during the period and 52,800 units of the beginning inventory were sold. The beginning inventory fixed manufacturing costs are $14.

Kendra likes to bargain at garage sales. Even if she thinks an item has a fair price, she will try to get it cheaper. Kendra would be good at which social career skill?

The 2016 financial statements of BNSF Railway Company report total revenues of $19,829 million, accounts receivable of $1,272 million for 2016 and $1,198 million for 2015. The company's accounts receivable turnover for the year is: Select one: A. 17.