After recently having repairs made to a refrigerator, Tammy has found that it has a new problem. Tammy has an opportunity to buy another refrigerator for $900 instead of repairing the current one. What is a sunk cost of this scenario?

Burnham & Company's $75 par value preferred stock pays an annual dividend of $11. The stock has a beta of 0.85, the current T-bill rate is 2.4%, and the S&P 500's expected return is 11.3%.

What are two ways in which long-term economic growth is measured?

At the end of 2011, retained earnings for the bisk company was $3,050. revenue earned by the company in 2011 was $1,935, expenses paid during the period were $1,065, and dividends paid during the period were $550.

Suppose the United States has a comparative advantage over Mexico in producing pork. The principle of comparative advantage asserts that

Jeff tells Judy about the possible changes in overtime policy the company is going to adopt while eating lunch in the break room. Although no official announcement has been made, Judy knows someone who works in HR who says changes will be made.

Wims, inc., has current assets of $6,000, net fixed assets of $25,100, current liabilities of $4,950, and long-term debt of $12,000. a. What is the value of the shareholders' eq

Businesses are most likely to grow during which of the following phases of the business cycle? A. expansion B. contraction C. trough D. recession

Zero Corp. suffered a loss having a material effect on its financial statements as a result of a customer's bankruptcy that rendered a trade receivable uncollectible.

Upward communication among organizational members at the same level can facilitate task coordination, provide means of sharing information, provide formal channel of communication for problem solving, and facilitate mutual support for staff involved.

Last year, a women's professional organization made two small-business loans totaling $23,000 to young women beginning their own businesses. The money was lent at 9% and 11% simple interest rates.