If an increase in income leads to an increase in the demand for a good, then the good is said to be:

Timothy McGreggor, Attorney, P. C., began the year with total assets of $129,000, liabilities of $77,000, and stockholders' equity of $52,000. During the year, the business earned revenue of $113,000 and paid expenses of $34,000.

As of January 1, 2021, Farley Co. had a credit balance of $522,000 in its allowance for uncollectible accounts. Based on experience, 3% of Farley's credit sales have been uncollectible. During 2021, Farley wrote off $634,000 of accounts receivable.

You are in charge of your country's currency, which is backed by a gold standard. Unfortunately, gold production is dropping sharply and is not expected to recover. What is your best option? A. Borrow more gold. B. Print more currency. C.

Gabrio Inc. is a merchandising company. Last month the company's merchandise purchases totaled $87,000. The company's beginning merchandise inventory was $19,000 and its ending merchandise inventory was $11,000.

Ziff Tech Inc., a technological firm, funds Tictoe Corp., a computer processor designing company, with five percent of its annual revenue. Which of the following best describes the alliance between Ziff Tech and Tictoe Corp.?

Julia brings home $2 comma 200 per month after taxes. Julia's rent is $806 per month, her utilities are $136 per month, and her car payment is $277 per month. Julia is currently paying $196 per month to her orthodontist for her braces.

You are considering the purchase of a hybrid Honda Civic. Assume that you drive 12,000 per year, and will keep the auto for 10 years, at which time the car will have zero trade-in value. Assume the cost of gas is $2.49/gallon.

Most states do not allow automobile repair shops to hold a customer's car when the customer refuses to pay for repairs already completed.

Maggie wants to name her artificial flower arrangement business using her name, "Maggie Lightner, Inc. Her friend sally thinks she should name it "Forever Flower Designs". Think about the advantages of a sole proprietorship.

Portland, inc. has formed four activity cost pools: product design, machining and production, machine setup, and inspection.