Is the universally accepted definition of the term small business is based on the number of people employed by the firm.

Perfect competition is the term used to describe: an industry in which a few price-taking firms produce identical products. an industry in which numerous price-taking firms produce identical products.

Jesse company adjusts its accounts monthly and closes its accounts on december 31. on october 31, 2015, jesse company signed a note payable and borrowed $150,000 from a bank for a period of six months at an annual interest rate of 6 percent. a.

If the annual gross sales of the local ice cream shop total $82,649.00, and the net sales total $79,281.00, calculate the percentage of new sales?

A new partner contributes accounts receivable to a partnership which appear in the ledger of his sole proprietorship at $ 20,500 and there was an allowance for doubtful accounts of $ 750.

What is contingent employment? O the theory that the completion of college indicates to employers that a job applicant is intelligent and hardworking O all nonmilitary people who are employed or unemployed O the theory that education increases

Interest groups ___. Are most often set up by or work for elites and corporations Work to influence laws and policies Work to influence court rulings All of these answers

What if the tile work had proceeded as contracted and looked good, but STR refused to pay, saying it didn't meet their personal satisfaction (even though the contract didn't mention this option). Could STR refuse to pay?

You want to create a slide that lists the pros and cons of using cloud storage as part of your presentation on business technology. Which pre-set layout would you want to use? A. Content with caption B. Title only C.

Two or more products are produced using limited resources. The firm would like to determine how many units of each product it should produce to maximize overall profit given its limited resources.

1. Calculate owners' equity. Doughnut Company shows $130,000 worth of assets on its December 31, 2009, balance sheet. If total liabilities are $55,800, what is the amount of owners' equity?