Assume that the farmer and the rancher each has 24 labor hours available. if each person spends all his time producing the good in which he has a comparative advantage, then total production is

Which of the following is not an example of a cost that varies in total as the number of units produced changes? a. direct materials cost b. wages of assembly worker c. electricity per KWH to operate factory equipment d.

Budgeting material purchases budget. The Howell Company has prepared a sales budget of 42,000 finished units for a 3 - month period.

A health clinic is debating about whether to spend money on a dialysis machine to treat those in the neighborhood suffering with diabetes diabetes is on the rise in their neighborhood some estimate indicate that it may reach 50% currently they send

Computronics, inc. has a current ratio of 1.5. this implies that if the firm liquidates its current assets in order to pay off its current liabilities, it can sell the current assets for as little as:

LO 2.2Total costs for ABC Distributing are $250,000 when the activity level is 10,000 units. If variable costs are $5 per unit, what are their fixed costs?

When starting a business it is best to? A. Borrow from bank B. Find investors C. Use your saving D. Obtain a loan from family or friend

Which of the following is an advantage of consumer credit? a) It costs more than cash purchases. b) It can encourage customers to spend beyond their means. c) It can allow you to save money if you time your purchases correctly.

Why should you sort mail into categories before presenting it to the executive?

skywalker limited shares of jedi jewellers during 2018 for $124000. Skywalker elected the air value option for accounting for this investment. At year end 208, 2019 and 2020 this investment has a fair value of $120000, $128000 and 138000.

Not adjusting the amounts reported in the financial statements for inflation is an example of which basic assumption or principle of accounting? a. Economic entity. b. Going concern. c. Historical cost. d. Full disclosure.