In what type of economy are all businesses state owned, the rationale being that the government can then direct them to make investments that are in the best interests of the nation as a whole rather than in the interests of private individuals

The ratio of an insurance company's net profit to policyholders' surplus is called

Music CDs and newspaper sales have been falling as users turn to the Internet for their music and news. Which of the following is NOT a strategy for companies in these declining industries? a. Leadership b. Chaining c. Niche d. Divestment e. Harvest

Joe Smith earns $72,000 per year. His bank uses a rule that PITI must be equal to or less than one third of gross monthly income.

A group of senators from states that are large suppliers to the space program protest the decision by the federal government to end manned space flights. this group would be an illustration of

As a result of differences between depreciation for financial reporting purposes and tax purposes, the financial reporting basis of Noor Co.'s sole depreciable asset acquired in the current year exceeded its tax basis by $250,000 at December 31.

Interest rates generally reflect the potential elects of initation the level of risk in an investment the real value of the investment the amount of money invested

What is a variable expense? A. An expense that is the same during some months, and different during other months. B. An expense that is the same from month to month. C. An expense that is different from month to month. D. None of the above.

Calculator Santorino Company produces two models of a component, Model K-3 and Model P-4. The unit contribution margin for Model K-3 is $6; the unit contribution margin for Model P-4 is $14. Each model must spend time on a special machine.

If US workers can produce everything in less time than Mexican workers, it is not possible for the US to gain from trade with Mexico. True/False

A variable cost remains constant per unit at various levels of activity. a. True b. False