When the revenue is more than the costs for a business, it is making a profit.

True

False

Kendra just attended a sales conference in baltimore. she must now write a report summarizing her conference. what advice should she follow? a. begin her report by identifying the event. b. mention every topic that was discussed at the conference. c.

Suppose you borrow $26000 at an annual interest rate of 5%. For 3 years, you do not make any payments. Find the interest accrued over this time period if the interest is compounded as follows. Round your answers to the nearest cent.

If an investor owns less than 20% of the common stock of another corporation as an investment. a. it is presumed that the investor has relatively little influence on the investee. b. no dividends can be expected. c.

Current assets and current liabilities for Brayden Company are as follows: 20Y9 20Y8 Current assets $498,600 $532,400 Current liabilities 269,300 301,500 What is the working capital for 20Y9 and 20Y8

In 2016, Whiteside Catering purchased 60,000 shares of Roush Organic Foods' common stock for $945,000. On December 31, 2016, the fair value of the Roush shares was $900,000.

What explanations have economists offered for why firms don't raise prices when doing so would seem to increase profits? Firms might not raise prices when doing so might increase profits because A.

Compute ending work in process inventory for a manufacturer with the following information. Raw materials purchased ... $124,800 Direct materials used ... 74,300 Direct labor used ... 55,000 Total factory overhead ...

Cole has a credit card bill of $3,100. His credit limit is $3,000. Is Cole using credit responsibly or irresponsibly? A. responsibly B. irresponsibly

In the month of November Marigold Corp. wrote checks in the amount of $43300. In December, checks in the amount of $59239 were written. In November, $39630 of these checks were presented to the bank for payment, and $50932 in December.

Donald and Charlene are married and do not have any children. They plan to ensure that the other will not be unduly burdened by debts in case one of them dies. Each plans to continue to work after the other one dies.