Rick teaches at a university and is trying to declare bankruptcy but he fails the mean test. Which bankruptcy can he file? Chapter 7 Chapter 13 Chapter 12 Chapter 15

Use the following data a) Profit after tax 45,000 b) Depreciation 75,000 c) Tax Paid 25,000 d) Interest paid 5,000 e) Dividend paid 10,000 f) Cash Received from sale of Building 40,000 g) Sale of Preferrence Share 35,000 h) Repurchase of Ordinary

Why is it so difficult to track the crime rate over time?

3. What is meant by economy of scale? Why would costs be im pacted by the quantity of garment that is produced?

Cost of Merchandise Sold is a liability account. True False

A bussiness reports profits when ___ are greater than___. A - revenues, demand B - supply, demand C - expenses, revenues D-revenues, expeses E-expenes, supply

Suppose your bank lowers its minimum balance requirement to get free checking by $500. So you take $500 out of your checking account and put it into your savings account. What is the overall effect on M1 and M2? M1 falls by $500, M2 rises by $500.

Consider a market where production of the good is creating a negative externality. In the market equilibrium, there is a deadweight loss because the: a. internal cost is not equal to the internal benefti. b.

4. After making a visual inspection, buyer bought property from seller and proceeded to build a home. When the possibility of soil slippage soon became apparent, construction was halted. Buyer sued seller to rescind the sale.

Burns Company incurred the following costs during the year: direct materials $23.70 per unit; direct labor $13.10 per unit; variable manufacturing overhead $16.90 per unit; variable selling and administrative costs $12.

On November 1, Year 1 Cove Company borrowed $7,000 cash from Shelter Company. The one-year note carried a 7% rate of interest.