Explain the differences between civil and criminal law.

Which of the following is true of Finished Goods Inventory? A. Finished Goods Inventory is an account used by a manufacturer and includes completed goods that have not yet been sold. B.

People buy insurance because A) they don't trust banks B) it protects the insured against loss C) it protects the underwriter against loss D) they have extra income to invest

A bank can decrease the degree of moral hazard if it a. Monitors the borrowers behaviors b. Placing covenants on the loan c. Both of the above d. None of the above

When a tax is levied on sellers of tea, a. sellers of tea are made worse off, and the well-being of buyers is unaffected. b. both sellers and buyers of tea are made worse off. c. the well-being of both sellers and buyers of tea is unaffected. d.

Hillside Homes, Inc., and Ideal Builders, Inc., enter into a construction contract that includes six pages of detailed calculations.

In 2020, Quapau Products introduced a new line of hot water heaters that carry a one-year warranty against manufacturer's defects. Based on industry experience, warranty costs were expected to approximate 5% of sales revenue.

Explain why the Industrial workers of the World (IWW) grew so rapidly and aroused so much opposition.

The cost of debt capital for a firm. a. is equal to the current yield (not YTM) on the firm's outstanding bonds b. can be calculated by estimating the beta of the firm's equity and then using the SML c.

Morris' company decided in the beginning of 2017 that they need to make $6,000,000 worth of improvements starting january 1, 2021. the company is planning to pay money into an account with 10% interest compounded annually.

Western Manufacturing produces a single product. The original budget for April was based on expected production of 14,000 units; actual production for April was 13,300 units.