As you're checking out the online edition of your local newspaper, you quickly Scan a report in the business section that says government spending's will again exceed tax revenues in current year. what does this mean for the economy?

In insurance policies, the insured is not legally bound to any particular action in the insurance contract, but the insurer is legally obligated to pay losses covered by the policy. What contract element does this describe? a. Unilateral b.

Fowler Company is a priceminustaker and uses target pricing. Refer to the following information: Production volume 602 comma 000 units per year Market price $ 30 per unit Desired operating income 17 % of total assets Total assets $ 13 comma 900

How does the purchase of office equipment on account affect the accounting equation? a. assets increase, and liabilities decrease b. assets increase, and owner's equity increases c. assets increase, and liabilities increase d.

Estate Corp. has the following information: Month Budgeted Purchases January $26,800 February 29,000 March 28,500 April 29,480 May 26,680 Purchases are paid for in the following manner: 10% of the purchase amount in the month of purchase 50% of the

Why do the costs of owning a car continue, even after you have paid off the loan?

Which of the following characteristics describes authority? A. It is vested in positions, not people. B. Subordinates generally reject it. C. It flows across the horizontal hierarchy. D. It emerges from the organizational values. E.

If you have 40 shares of stock each worth $450 and then the stock splits. How many shares of stock do you have and what is their value

A firm's marginal product of labor is 4 and its marginal product of capital is 5. if the firm adds one unit of labor, but does not want its output quantity to change, the firm should

How does a merchandising business act as a collection agency for the state government?

What is one of the disadvantages of getting a government sponsored mortgage?