The ultimate resource of a firm is its

a. business plan

b. marketing mix

c. capital budget

d. employees

Mike, an attorney, earns $200,000 from his law practice and receives $45,000 in dividends and interest during the year. In addition, he incurs a loss of $50,000 from an investment in a passive activity acquired three years ago.

Alex withdrew $500,000 from an account that paid 5 percent annual interest and used the funds to purchase real estate. After one year he sold the property for $550,000. Alex's economic profit on this deal was:

The process whereby a firm determines the costs associated with organizational activities from purchasing raw materials to manufacturing products to marketing those products is called

While working out at the gym you hear a group of individuals making obscene remarks about your body. You feel like you are being sexually harassed. Which of the following is a technique to deal with sexual harassment?

Which of the following is not a factor of production? a. land b. capital c. goods and services d. labor?

What would happen to the buying power of you investment after one year if your rate of return was 8% and the rate of inflation was 3%?

Jessep Corporation has a standard cost system in which manufacturingoverhead is applied to units of product on the basis of direct labor hours.

As of January 1, 2021, Barley Co. had a credit balance of $521,000 in its allowance for uncollectible accounts. Based on experience, 1% of Barley's gross accounts receivable have been uncollectible.

Samantha has been asked to join a task force that is charged with boosting organizational productivity.

Why do you think that setting goals that are easy to achieve might lower motivation? ...