The asset created by a business when it makes a sale on account is termed a. prepaid expense b. accounts payable c. unearned revenue d. accounts receivable

Which of the following is NOT a valid condition for denying a patent application? Select one: a. The "invention" sought to be patented is actually a living creature. b.

Bonita Industries planned to use 1 yard of plastic per unit budgeted at $101 a yard. However, the plastic actually cost $100 per yard. The company actually made 4600 units, although it had planned to make only 3800 units.

What happens if you don't pay your car insurance premium for your vehicle? You are not insured You are driving illegally Your car payments will increase Your are not insured and are driving illegally Any insurance claim isn't processed and your car

What is your business name?

In markets, the invisible hand allocates resources efficiently a. when there are negative externalities, but not when there are positive externalities. b. when the buyers and sellers are the only interested parties. c.

Maggie must decide if she wants to open a start-up or work as an economics tutor. The business she is considering is risky because with 60% probability she earns $300 and with 40% probability she earns nothing.

Antonio owns property on which a gasoline station once stood. Josh agrees to buy the land so that he can build an office on it.

Western Electric has 27,000 shares of common stock outstanding at a price per share of $69 and a rate of return of 13.50 percent. The firm has 6,800 shares of 6.80 percent preferred stock outstanding at a price of $90.00 per share.

What would happen to the buying power of you investment after one year if your rate of return was 8% and the rate of inflation was 3%?

Jessep Corporation has a standard cost system in which manufacturingoverhead is applied to units of product on the basis of direct labor hours.