Royce Corp's sales last year were $250,000, and its net income was $23,000. What was its profit margin?

How are resources allocated in a market economy?

9) Which of the following statements is TRUE? A) Free trade is beneficial only if your country is strong enough to stand up to foreign competition. B) Free trade is beneficial only if your competitor does not pay unreasonably low wages.

Kim's Bridal Shoppe has 15,000 shares of common stock outstanding at a price of $11 a share. It also has 2,000 shares of preferred stock outstanding at a price of $34 a share. There are 50 bonds outstanding that have a 7.5 percent semiannual coupon.

The price of a bond is equal to the sum of the present values of its future payments. Suppose a certain bond pays $50 one year from today and $1,050 two years from today. What is the price of the bond if the interest rate is 5 percent

Enviro Company issues 8%, 10-year bonds with a par value of $300,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 10%, which implies a selling price of 87 1/2.

The attribution theory of leadership says leadership is merely an attribution people make about other individuals. T/F

A gift shop ended the year with a balance of $20,000 in the Merchandise Inventory account. A physical count of the inventory revealed that only $19,500 of inventory existed at year end.

Write a persuasive answer to the question: should the minimum wage be raised? support your answers with details from the wall street journal articles, and chapters 9 and 10 of economics: principles in action, or any other activity from unit 3.

You want to restrict data entry to whole numbers greater than 100. what do you create to enforce this data-entry restriction

Suppose that the inverse demand equation is p = 100 minus 2Q and the supply equation is p = 2Q. If the price is controlled at $60 , this is a price floor.