Question 1

The entrepreneur's piece of the pie is called

profits

wages

rents

capital

On March 14, Teal Co. accepted a 120-day, 6% note in the amount of $10,000 from AZC Co., a customer. On the due date of the note, AZC honors the note and pays in full.

Most people prefer to pay health insurance premiums rather than pay out-of-pocket for medical expenses because A people are cautious and believe they are less likely to get sick if they have health-insurance coverage.

A lottery winner could still need financial literacy skills even though she is already rich. a) true b) false

The capital structure of Merritt Co. is 20% common equity and debt equal to 80%. The cost of common equity is 10% and the pretax cost of debt is 5%. Merritt's tax rate is 21%. What is Merritt's weighted-average cost of capital?

Mercedes graduated with a B. A. in business administration. On graduation day she learns that the job she was promised in her uncle's company no longer exists. Mercedes must quickly find a job so she can pay her bills.

The managerial accountant at Safety, Inc. prepared a Flexible Budget Performance Report. The managerial accountant noticed a $5,600 U variance for cost of goods sold for units estimated to cost $25 per unit to produce.

In an advertisement, FreshAir, Inc. stated that its air freshener lasted for 3 hours while the competitor's Smell Sweet lasted for only 36 minutes. In fact, Smell Sweet freshens the air for more than 2 hours.

How many american adults are affected by specific phobias each year? a. 920,000 b. 13.2 million c. 26.2 million d. 19.2 million?

A local government awards a landscaping company a contract worth $1.5 million per year for five years for maintaining public parks. The landscaping company will need to buy some new machinery before they can take on the contract.

According to the presentation, the first step in making a major purchase is: A. choosing a salesperson B. determining the features C. you want to do your research D. finding out what the taxes will be