People who risk their own money to organize and run businesses are known as

Which statement correctly describes the unemployment situation in South Africa? Unemployment is high due to a collapse of the economy following the end of apartheid. Unemployment is low due to an economic boom following the end of apartheid.

If a nation has a balance of payments deficit and exchange rates are flexible, the price or value of that nation's currency in the foreign exchange markets will rise. true or false

Pennington Corporation's 2018 balance sheet includes the following information: Cash 12,000 Accounts receivable 5,000 Inventory 45,000 Accounts payable 19,000 Selected information from the 2018 income statement is provided below: Net sales revenue

What is the purpose of the required reserve ratio? A. To prevent the government from getting so far into debt that the economy is weakened O B. To make sure banks have enough money on hand to meet customers' withdrawal requests C.

Which is a commodity someone might invest in? O a mutual fund O natural resources government bonds a certificate of deposit

Inlcuded in Perry's capital balance is a $20,000 partnership loan owed to Perry. Perry, Quincy, and Renquist shared profits and losses in a ratio of 2:4:4. Liquidation expenses were expected to be $15,000. All partners were solvent.

Consider a perfectly competitive market in which all firms have the same costs. Choose the statement that is incorrect. A. The market supply curve is upward sloping at prices above the firm's shutdown price. B.

1. Identify a company or organization from which you have received high-quality products and describe the characteristics which make it high quality. 2.

Consider the following list of accounts: Cash Retained Earnings Service Revenue Utilities Expense Salaries Expense Accounts Receivable Accounts Payable Common Stock Equipment Dividends How many of these accounts have a normal debit balance?

On July 9, Mifflin Company receives an $7,400, 90-day, 10% note from customer Payton Summers as payment on account.