Which of the following correctly describes the incentive that lower prices provide in a free market economy?

A

They increase competition.

B

They increase demand.

C

They increase supply.

D

They increase opportunity costs.

Bouchard Company's stock sells for $20 per share, its last dividend (D0) was $1.00, its growth rate is a constant 6 percent, and the company would incur a flotation cost of 20 percent if it sold new common stock.

Scot and Tiffany create an implied-in-fact contract. The parties’ conduct: a. Demonstrates the existence of the contract and its terms. b. Is not relevant to confirming the contract’s performance. c. Is not relevant to the contract’s terms. d.

At the end of the accounting period, Isaac Company had a balance of $4,000 in its common stock account, additional paid in capital of $4,000, retained earnings of $3,000, and $1,000 of treasury stock.

Depreciation expense: Group of answer choices is a tax deductible non-cash expense is not a true expense represents a cash outflow on the cash flow statement is deducted from net income

When factory wages payable costs for labor are allocated in a job cost accounting system?

Which of the following items is not a temporary difference? A. Vacation pay accrued for tax purposes in a prior period is deducted in the current periodB. Tax depreciation for the period exceeds book depreciationC.

1. Expansion will always come with additional expenses True or False 2. Whether the business owner likes the type of business he or she is in is not important True or False 3. Many Franchises require franchisees to pay royalties True or False 4.

In all careers, there are both hard skills and (blank) skills that are important for success.

What is the definition of derived demand? a. consumer demand for a product, stimulated by lack of availability of another product b. demand, due to advertising, for goods and services that are luxuries rather than basic necessities c.

In a competitive market, no single producer can influence the market price because many other sellers are offering a product that is essentially identical. consumers have more influence over the market price than producers do.