Which of the following is an activity, not an industry?

dining services

tourism

travel

accommodations

What type of account is used on an income statement?

Your firm needs a computerized machine tool lathe which costs $54,000 and requires $12,400 in maintenance for each year of its 3-year life. After three years, this machine will be replaced. The machine falls into the MACRS 3-year class life category.

Katy, a manager, is evaluating her team members by rating them from best to worst. This rating is based on their overall performance. Which of the following performance-appraisal methods is Katy using in the given scenario? a.

Explain why the practice described in the following scenario is NOT sustainable. There has recently been high demand for wheat and wheat-based products in the United States.

There is a 10% chance you will get in a serious car accident, incurring damage of $1,990. (There is a 90% chance that nothing will happen.) Your utility function is U (I) equals square root of I. What is the fair price of this policy

How will the general ledger accounts in the trial balance most likely differ if the company were a retail store rather than a wholesale company? how will they differ for a hospital or a government unit?

Camilo's property, with an adjusted basis of $155,000, is condemned by the state. Camilo receives property with a fair market value of $180,000 as compensation for the property taken. a. What is Camilo's realized and recognized gain? b.

A decrease in resource prices will increase the incentive of users to purchase the resource. suppliers to provide more of the resource. firms to find and develop substitutes for the resource.

Garden Company purchased merchandise on account from Parker Company for $88,000 with terms 1/15, net 45. Garden Company returned $12,000 of the merchandise and received full credit from Parker Company.

Money is a productive asset. Its opportunity cost is: A) The time value of money. B) Valuation. C) Inflation. D) Replacement cost. E) Depreciation.