Quiz

1. If you maintain a good driving record, your car insurance company may

reward you with

Which sentence best describes how ratings impact the business of television and cable?

A trade surplus is generally known as a

Assume there is a price floor imposed on a good which is above the equilibrium price. Which of the following changes would reduce the size of the surplus? a. An increase in demand. b. A decrease in demand. c. An increase in supply. d.

The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 44,000 shares were originally issued and 4,800 were subsequently reacquired.

Average fixed costs always decrease as q increases. a. True b. False

Miyose Corporation, a manufacturing company, has provided the following data for the month of June: Raw materials purchased during June totaled $67,000 and the cost of goods manufactured totaled $124,000.

Economists and policy makers often deal with the tradeoff between efficiency and: A) revenue. B) profit. C) equity. D) cost.

A corporation in 2018 expects a gross income of $475,000 , total operating expenses of $350,000 , and capital investments of $25,000. In addition the corporation is able to declare $52,000 of depreciation charges for the year.

LO 7.1Which approach requires management to justify all its expenditures? bottom-up approach zero-based budgeting master budgeting capital allocation budgeting

All of the following are characteristics of an effective design process except a. increasing the design time for new products and services. b. meeting customer requirements in the least costly manner. c.