For productive services for which a cash payment is not made, the economist estimates their value using the concept of:

A. Marginal costs

B. Total costs

C. Opportunity costs

D. Average costs

Como se llama el oficio de las personas que fabrican libros?

Ryan orders 16 dozen fishing lures from Strike Right for $375. When he gets the invoice, he is furious that $25 in freight charges has been tacked onto his bill because he thought the price included freight costs.

A competitive firm has been selling its output for $20 per unit and has been maximizing its profit, which is positive. Then, the price rises to S25, and the firm makes whatever adjustments are necessary to maximize its profit at the now-higher price.

A company currently has 100 items in inventory. The demand for the next four months is 500, 800, 900, and 300 units.

The following information is available for Bandera Manufacturing Company for the month ending January 31: Cost of goods manufactured $216,970 Selling expenses 72,480 Administrative expenses 38,320 Sales 461,640 Finished goods inventory, January 1

Why are adjusting entries necessary? A. To record revenues and expenses. B. To make debits equal credits. C. To close nominal accounts at year end. D. To correct erroneous balances in accounts

Mr. Hugh Warner is a very cautious businessman. His supplier offers trade credit terms of 3/19, net 60. Mr.

The "tone at the top" that is set by management is more important in providing a strong ethical message to employees than having a formal organizational ethics policy in place. a. True b. False

Allegheny Company ended Year 1 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $82,000 and $4,500, respectively. During Year 2, Allegheny wrote off $8,400 of Uncollectible Accounts.

Which of the following debts could possibly be forgiven under chater 7 bankrupcy? A. Alimony B. Child support C. A student loan D. Credit card debt