The amount of sales tax collected by a retail store when making sales is:

A. a miscellaneous revenue for the store.

B. a current liability.

C. not recorded because it is a tax paid by the customer.

D. recorded as an operating expense.

A stock is expected to return 11% in a normal economy, 19% if the economy booms, and lose 8% if the economy moves into a recessionary period.

Pasadena Candle Inc. budgeted production of 730,000 candles for the January. Wax is required to produce a candle. Assume 13 ounces of wax is required for each candle. The estimated January 1 wax inventory is 18,600 pounds.

Consumption spending is $22 million, planned investment spending is $7 million, actual investment spending is $7 million, government purchases are $9 million, and net export spending is $3 million.

The triple bottom line approach to corporate accounting includes which three components? A. financial, organizational, and psychologicalB. financial, environmental, and socialC. financial, organizational, and customerD.

Because of declining juice sales, the managers at tropicana decided to try something new. in addition to selling tropicana orange juice, they will introduce tropicana orange ice cream and tropicana orange chewing gum.

If joe were to introduce himself as dr. early to sell to gensol, knowing that people would assume that he was a medical doctor, but never tell anyone that he was, would contracts entered into be considered to be fraudulent?

Which of the following are reasons the aggregate demand curve is downward sloping? Check all that apply. 1) A higher price level decreases the real value of consumers' assets.

If Gerry makes a deposit of $1,500 at the end of each quarter for five years, how much will he have at the end of the five years assuming a 12% annual return and quarterly compounding?

Explain how globalization influence management

The following information relating to a company's overhead costs is available. Col1 = Actual total variable overhead, Actual total fixed overhead, Budgeted variable overhead rate per machine hour, Budgeted total fixed overhead, Budgeted machine