In 2013, the price for a market basket of consumer goods is $800. In the base year, the cost of the identical market basket was $1,000. The price index in this case is

Alexis company recently completed 10,600 units of its single product, consuming 32,000 labor hours that cost the firm $480,000. according to manufacturing specifications, each unit should have required 3 hours of labor time at $15.40 per hour.

Anita Job is the new Treasury Secretary, and she is trying to interpret the inflation measures for two consecutive years. In year one, the aggregate price level increased by 9 % and, in year two, the aggregate price level increased by 5 %.

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Tidewater Fishing has a current beta of 1.16. The market risk premium is 6.8 percent and the risk-free rate of return is 2.9 percent.

In the context of the internal and external forces that affect business, which of the following is a difference between stable environments and dynamic environments?

Which of the following situations would cause variable-costing income to be lower than absorption-costing income? Selling expenses increased by 10% during the accounting period. Units sold equaled 39,000 and units produced equaled 42,000.

If markets are in equilibrium, which of the following conditions will exist? A. Each stock's expected return should equal its required return B. The expected returns on stocks and bonds should be equal C.

Many financial institutions rely heavily on debt to fund their operations, and they are interconnected by virtue of financing each other's debt positions.

A firm has fixed costs (FC) of $10,000. Its variable costs (VC) to produce 5,000 widgets are $2,000 and to produce 10,000 widgets are $3,000. What is the firm's total cost (TC) to produce 5,000 widgets?

Dickson Inc. uses the perpetual inventory system. The company sold 500 units to Ajax Ltd. for a total sales price of $5,000. At the time of the sale, Dickson carried the inventory on its books at a cost of $3,000.