In economics, capital refers to

a. stocks and bonds.

b. buildings and machines used in the production process.

c. the money households use to purchase firms' output.

d. the finances necessary for firms to produce their products.

The inventory that companies hold to protect themselves against uncertainties in either demand or replenishment time is called: a. safety stock. b. anticipation inventory. c. hedge inventory. d. smoothing inventory.

Kwok Enterprises has the following income statement. How much after-tax operating income does the firm have? Sales $2,050 Costs 1,400 Depreciation 250 EBIT $400 Interest expense 70 EBT $330 Taxes (25%) 82.50 Net income $247.50

Ecco Company sold $151,000 of kitchen appliances with six-month warranties during September. The cost to repair defects under the warranty is estimated at 9% of the sales price.

Assume you are going to lunch and have a choice of two meals. The first meal would give an increase in marginal utility of 100 with a $25 price. The second meal would give you an increase of only 10 with a $2 price.

Sarah, a human resources professional, meets with her supervisor to discuss her career plans. applying the shrm competency model, her supervisor says that sarah has strong technical expertise, but could advance in her career by developing her

A high-level manager gathers his team of supervisors together to create a new office policy that will affect all employees at the company.

hich of the following statements is correct? Group of answer choices Advertising expense is a product cost Service firms do not incur depreciation costs Human capital is an important resource for service firms, but not for other firms Cardboard

Midyear on July 31st, the Digby Corporation's balance sheet reported: Total Assets of $207.448 million Total Common Stock of $6.350 million Cash of $10.050 million Retained Earnings of $44.713 million.

Labour is best define as the

What will NOT cause a shortage? A.) war B.) scarcity of resources C.) extreme weather D.) increase in prices