Suppose Kim is willing to pay $5 for her first ice cream sundae, $4 for a second ice cream sundae, and $2 for a third ice cream sundae. If Kim is able to buy all three ice cream sundaes for $2 a piece, she has realized a consumer surplus of:

Which of the following statements are true regarding the use of index funds as investment vehiciles for asset classes?

Fast eddie's cyclery bought a $500,000 machine to assemble bicycles on july 1, 2015. what is his depreciation expense for 2015, assuming there is no section 179 election and they elect out of bonus depreciation?

Bailey Company uses a periodic inventory system and its inventory records contain the following information: Units Total Cost Beginning Inventory: 300 $780 Purchased on May 10 400 1,170 Purchased on June 15 500 1,260 Purchased on August 28 300 990

Journalize the following transactions into the general journal in accordance with the rules of Journalizing, and the Double-entry accounting system. March 28 Owner withdraws $2,600 of cash for personal use.

If the marginal benefit of a good is less than its marginal cost, then the nation should: A. Produce more of that good B. Maintain the current level of production of that good C. Reduce the marginal benefit of that good D.

Technical tool that provides users with the ability to study, control, and improve processes of all types is a:

Johansen Corporation has a target capital structure of 60 percent common stock and 40 percent debt. Its cost of equity is 14 percent, and the cost of debt is 8 percent. The relevant tax rate is 30 percent. What is the company's WACC?

On November 1, 2018, Aviation Training Corp. borrows $49,000 cash from Community Savings and Loan. Aviation Training signs a three-month, 6% note payable. Interest is payable at maturity. Aviation's year-end is December 31. Required: 1., 2. & 3.

A stock's price is simply the current market price, and it is easily observed for publicly traded companies.

Why is important to have a personal financial so important