In making a sales forecast, the business owner can only use his best judgment to determine projected costs and revenues.

a. True

b. False

Karson is a manager in a bottle manufacturing company. He wants to check whether 100 bottles were produced and dispatched to the market. Which department should he consult?

Select the items that are jobs of the Federal Reserve. increase personal and sales taxes manage risk in the financial markets watch banks and protect customers provide banking services influence the money supply

In the short run, prices may rise faster than costs. This chapter discusses why this might happen. Suppose that labor and management agree to adjust wages continuously for any changes in the price level.

Develop a worksheet that can be used to simulate the bids made by the two competitors. Strassel is considering a bid of $120000 for the property.

Which of the following items are listed as separate line items on an income statement in order to facilitate analysis and understanding? (Select all that apply.) Select one or more: a. A gain on sale of a major division of a company b.

I need answers a, b, c, or d

How much money are you making on your investment in a year?

Rent controls force landlords to price apartments below the equilibrium price level. An immediate effect is a shortage (excess demand) of apartments, because the quantity of apartments demanded is greater than the quantity supplied at the regulated

Suppose that a worker in Freedonia can produce either 6 units of corn or 2 units of wheat per year, and a worker in Sylvania can produce ei ther 2 units of corn or 6 units of wheat per year. Each nation has 10 workers.

How can business taxes positively affect an economy? A If taxes are low, more businesses can be created. B If taxes are low, then businesses will give more of their earnings away.