The concept that focuses on important variances and ignores trivial ones is

A new firm is developing its business plan. It will require $615,000 of assets, and it projects $450,000 of sales and $355,000 of operating costs for the first year.

If nominal GDP rises we can say that A. production has risen or prices have risen or both have risen. B. prices have risen and production remains constant. C. production has risen and prices remain constant. D.

Fielder Company obtained by issuing 2,000 shares of its $10 par value common stock. The land was recently appraised at $85,000. The Common Stock is actively traded at $40 per share. Prepare the journal entry to record the acquisition of land.

On December 31, Key Co. received two $10,000 noninterest-bearing notes from customers in exchange for services rendered. The note from Alpha Co., which is due in 9 months, was made under customary trade terms, but the note from Omega Co.

Associated Breweries is planning to market alcohol-free beer. To finance the venture it proposes to make a rights issue at $10 of one new share for each two shares held. (The company currently has outstanding 100,000 shares priced at $40 a share.

Without trade, arturo produced and consumed 240 tacos and 120 burritos and dina produced and consumed 100 tacos and 150 burritos.

If consumption spending increases from $758 to $767 billion when disposable income increases from $912 to $927 billion, it can be concluded that the marginal propensity to consume is

With scarcity at the base of all material economics the key operating principle is

In its first month of operations, Skysong, Inc. made three purchases of merchandise in the following sequence: (1) 320 units at $5, (2) 420 units at $7, and (3) 520 units at $8.

If employees are bonded Group of answer choices they have worked for the company for at least 10 years. it means that they are not allowed to handle cash. it is impossible for them to steal from the company.