In one or two sentences, Explain how quantity supplied and price are related.

The journal entry to close income summary when there is a net income is (a) debit sales; credit income summary. (b) debit owner's capital; credit income summary. (a) debit owner's capital; credit sales.

Match the definition to the term. 1. employee a. the supervisor or owner of a company or organization 2. employer b. work done for pay 3. job c. any task that is useful 4. volunteer work d. the worker for a company or organization 5. work e.

If saving exceeds investment demand, and consumption is not a function of the interest rate: a. the demand for loans exceeds the supply of loans. b. the interest rate will rise. c. saving will fall. d. the interest rate will fall.

Which statement describes a potential pitfall of assessing group performance? Members of a group may gang-up and unfairly focus their criticism on one person. Members of a group may focus too much on results-based evaluations.

What measures the change in prices of a basket of goods and services in a given year? a. recessionB) depressionC) deflationD)) inflation

If you purchased a camera in Britain for 100 pounds what would be the price in U. S. dollars if one pound is worth 1.40? A:71 B:100 C:140 D:1400

You receive three credit scores: 680, 705, 695. what is your average credit score?

One change that seth mentions is the plantbottle. another is using grape juice instead of sugar to sweeten drinks. what is true about these changes?

Depasquale Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.51 direct labor-hours. The direct labor rate is $8.60 per direct labor-hour.

Bruce is a salaried nonexempt employee who earns $42,500 annually, paid semimonthly, plus a 0.25% commission on all regional sales, paid monthly on the first pay date of the following month. During the month of May, the regional sales were $103,500.