Expenses of time, energy, and money not included in the purchase price of a product are known as.

hidden costs

c. service costs

b. implied costs

d. value-added costs

If a company adopts an accounts receivable factoring program, and accounts for the factoring as a sale of receivables, which of the following is true in the period the company starts the program (all else equal) ? A.

Chapter 13 is often prefer to chapter 7 by debtors because

Hsu Company produces a part with a standard of 5 yards of material per unit. The standard price of one yard of material is $8.50. During the month, 8,800 parts were manufactured, using 45,700 yards of material at a cost of $8.30.

The Organisation for Economic Co-operation and Development's requirement that personal data collected should be accurate, complete, current, and relevant to the purpose for which it is used is based on which principle?

You are Brett's business advisor. Discuss the significant issues involved in the employee's salary request. What would you advise Brett to do?

The annual revenue of the tie-dye t-shirt operation is currently $5,000 but is decreasing by $500 each year. how fast are annual sales changing?

An increase in money income: a. Shifts the consumer's budget line to the right. b. Shifts the consumer's budget line to the left. c. Increases the slope of the budget line. d. Has no effect on the budget line.

Allison and josh are partners in a business. allisons capital is $60,000, and joshs capital is $100,000. profits for the year are $80,000. they agree to share profits and losses as follows:

Scenario 12.3: Suppose a stream is discovered whose water has remarkable healing powers. You decide to bottle the liquid and sell it.

The following data are accumulated by Watershed Inc. in evaluating two competing capital investment proposals: Project A Project Z Amount of investment $55,000 $50,000 Useful life 12 years 15 years Estimated residual value $5,000 $6,000 Estimated