One of the six characteristics economists use to judge how well an item

serves as currency is divisibility.

The breakeven is 2000 units, the variable cost is $2 per unit and the fixed costs are $20,000. What is the selling price per unit Select one: a. $2 b. $3 c. $4 d. None of the above

A firm produces 12 different services and has capacity to service 360,000 customers per year. A total of 24 service workers are employed. If 270,000 customers receive service during a particular year, what is the capacity cushion during that year?

You have just purchased a home by borrowing $400,000 for 30-years at a fixed APR of 3.87%. The loan payments are monthly and interest is compounded monthly. a. What is the periodic interest rate? (I. e., what is the monthly interest rate?) b.

K Company estimates that overhead costs for the next year will be $3,600,000 for indirect labor and $910,000 for factory utilities. The company uses direct labor hours as its overhead allocation base.

The Sherman Antitrust ActA. enhanced the ability to enforce cartel agreements. B. was passed to encourage judicial leniency in the review of cooperative agreements. C. restricted the ability of competitors to engage in cooperative agreements. D.

The balanced scorecard approach uses only financial measures to evaluate performance. uses rather vague, open statements when setting objectives in order to allow managers and employees flexibility.

In the open economy of Sildavia, government spending during 2005 was $30 billion, consumption was $70 billion, taxes were $20 billion, and GDP was $100 billion.

Ridiculousness, Inc., has sales of $49,000, costs of $22,600, depreciation expense of $2,150, and interest expense of $1,900. If the tax rate is 21 percent, what is the operating cash flow, or OCF?

A common measure of liquidity is a. the accounts receivable turnover. b. dividends per share of common stock. c. the asset turnover ratio. d. the profit margin.

Assume that Amazon has a stock-option plan for top management. Each stock option represents the right to purchase a share of Amazon $1 par value common stock in the future at a price equal to the fair value of the stock at the date of the grant.