The Dow Jones Industrial Average is:

a

A good measure of the strength of the U. S. economy

b

Very stable from day to day

c

An indicator of the long-term value of stocks

d

Can predict global markets

ue or False: If Dmitri's Fire Engines were a competitive firm instead and $75,000 were the market price for an engine, decreasing its price from $75,000 to $50,000 would result in a decrease in the production quantity, but an increase in total

Which of the following is the main force behind the decisions made by producers in a free-market society? O A. Serving customers O B. Reducing opportunity costs O C. Maximizing benefits D. The profit motive

The operator of the local mall wants to find out how many of the mall's employees make purchases in the food court when they are working. she hopes to use these data to increase the rent and attract new food vendors.

Mary, a merchant, was in the business of selling flowers to local florists. Melissa was the owner of Little Flower, Inc. and she regularly purchased her flowers from Mary.

Included in Marigold Company's December 31 trial balance is a note receivable of $7,920. The note is a 4-month, 10% note dated October 1.

Which of the following are considered to be personal financial statements? A. Budget and credit card statements B. Balance sheet and cash flow statement C. Checkbook and budget D. Tax returns

An economic model is a a. fictional representation of an entire economy. b. simplified representation of an economic environment. c. realistic version of an economic environment. d. detailed version of an economic issue.

Liquidity refers to: A. A company's cash availability B. A company's ability to general sales from use of its assets C. A company's operating cycle D. A company's amount of financial leverage E. A company's ability to meet its debt obligations

Biscayne Bay Water Inc. bottles and distributes spring water. On May 14 of the current year, Biscayne Bay Water Inc. reacquired 2,300 shares of its common stock at $49 per share. On September 6, Biscayne Bay Water Inc.

Greg wants to encourage his boss to consider a new process for evaluating employee performance. what type of report will he most likely prepare?