Explicit costs a. Require an outlay of money by the firm. b. Include all the firm's opportunity costs. c. Include income that is forgone by the firm's owners. d. All of the above are correct.

List and briefly describe (in order) the six steps required to store a record properly.

Why do many economists believe that the best time to start a new business is toward the end of a recession?

You expect to receive $40,000 at graduation in two years. You plan on investing it at 9 percent until you have $175,000. How long will you wait from now?

The production plant for Ruby Manufacturing has been located in the same place for over 100 years. The company has just completed its new factory that includes its new corporate offices.

Jordan files his income tax return on a calendar-year basis. he is the principal partner of a partnership reporting on a june 30 fiscal year end basis.

Mary sue owns 1,000 shares of qrs moving company. qrs pays a yearly dividend of $1.00 per share. what is the total annual dividend that mary sue will receive?

To StaySafe around electricity, Ted needs to: A. Follow his gut instinct B. Follow procedures established by his co-workers C. Make sure electrical hazards are resolved immediately D. Practice electrical safety only when his employer is watching

Tangible assets as well as intangible assets of a business need to be assessed for proper venture evaluation. a. True b. False

Which of the following is an example of passive income? (1) portfolio income, including interest, dividends, annuities, and royalties (2) income from rental real estate earned by a no real estate professional (3) winnings from gambling (4) state and

A zoo animal with an infectious disease needs to be If there is no means to keep the animal in.