Mel and Helen own a beachfront home in Myrtle Beach, S. C. During the year, they rented the house for 5 weeks (35 days) at $800 per week and used the house for personal purposes 65 days. The costs of maintaining the house for the year were:

A taxpayer who has purchased several lots of stock on different dates at different purchase prices and cannot identify the lot of stock that is being sold should use either a weighted average approach or a LIFO approach. True / False.

Ezra is comparing two checking accounts. One has a monthly fee of $8 and a per-check fee of $0.20, and the other has a monthly fee of $6 and a per-check fee of $0.25.

Hector had been asked to serve on the board of a major pharmaceutical firm. He reluctantly declined, citing the firm's lack of liability coverage for outside members of the board of directors. Hector's decision indicates that he:

Esteban has a large credit card balance, such that his minimum monthly payment is $250. Every month he makes that payment and puts another $150 into his savings.

An increase in the minimum wage will tend to cause which of the following to occur? A. an increase in the size of the surplus of labor B. a rightward shift in the supply of labor C. a leftward shift in the demand for labor D.

Assume you work for an employer who will contribute $60 a week for the next 20 years into a retirement plan for your benefit. At a discount rate of 9 percent, what is this employee benefit worth to you today?

A restaurant manager should consider his own tastes when developing his menu.

Magnetic-Optical Corporation offers a variety of share-based compensation plans to employees. Under its restricted stock unit plan, the company on January 1, 2021, granted restricted stock units (RSUs) representing 4 million of its $1 par common

Assume Evco, Inc., has a current price of $50 and will pay a $2 dividend in one year, and its equity cost of capital is 15%. What price must you expect it to sell for right after paying the dividend in one year in order to justify its current price

Holding the nonprice determinants of supply constant, a change in price would a. result in either a decrease in supply or an increase in supply. b. have no effect on the quantity supplied. c. result in a shift of demand. d.