In the U. S. current account, most of the trade deficit results from an excess of imported A. merchandise and services B. merchandise C. services D. transfer

Seadrill Engineering sold software to oil-drilling firms. In addition to providing the software, the company also provides consulting services and support for 5 years to ensure smooth operation of the software.

Which of the following is the reason behind the slow growth in U. S. incomes during the 1970s and 1980s? The United States experienced an increase in competition from abroad. Labor unions were relatively weak.

When the price of Nike tennis shoes goes from $100 to $80, the quantity demanded increases from 20 to 30 million. Over this price range, the absolute value of the price elasticity of demand is a. 1. b. 1.80. c. 2.50. d. 0.55. e. 1.25

Allegheny Company ended Year 1 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $74,000 and $3,900, respectively. During Year 2, Allegheny wrote off $7,200 of Uncollectible Accounts.

On June 30th, Carla's Cookies accounts include Cash $100,000, Accounts Receivable $50,000, Equipment $25,000 and Accounts Payable $75,000.

Suppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a production plant in Alabama. This is an example of foreign ___ investment in the United States.

Our client performs bookkeeping work for her clients. She performs most of her client work at the client's office. She has about ten clients and spends about 4 hours per client each week.

Which of the following errors would cause the adjusted trial balance to be unequal? a. The adjustment for accrued fees of $16,340 was journalized as a debit to Accounts Payable for $16,340 and a credit to Fees Earned of $16,340. b.

What is meant by the term operating leverage?

John Hernandez is 24 years old and has saved enough money to fund an adequate emergency fund. In addition, he has saved $5,600 that can be used to fund an investment program.