What happens in one sector of the economy often affects other sectors of the economy.

A. True

B. False

A firm agreed to pay its workers $2525 an hour in 2016 and $4141 an hour in 2017. The price level for these years was 241 in 2016 and 245 in 2017. Calculate the real wage rate in each year (to the nearest cent).

You have just won the lottery and you will receive 10 annual beginning-of-year payments of $5 million each. If you expect to earn a 9% compounded semi-annually, what will be the current value of the lottery payments?

The Retained earnings account has a credit balance of $23,800 before closing entries are made. Of total revenues for the period are $75,200, total expenses are $55,000, and dividends are $12,600, what is the ending balance in the Retained earnings

Johnlee , Inc. had beginning retained earnings of $ 140,000 on January 1, 2018. During the year, Johnlee declared and paid $ 55,000 of cash dividends and earned $ 95,000 of net income. Prepare a statement of retained earnings for Johnlee , Inc.

Ridgewood Company had the following ending balances on its financial statements: 2018 2019 2020 Prepaid insurance $1,400 $ 900 $1,100 Insurance expense $12,500 $12,800 $12,600 How much did Ridgewood pay for insurance during 2019?

The producer of a downloadable antivirus software program spends exactly $2,650,000 producing the first copy and incurring various costs required to make the software "user-friendly.

Which of the following items could be painted in a dark color to be on trend in 2020?

A strategic planning and management system used to translate and align business activities to the vision statement of a business after review of the company's financial processes, customer processes, internal processes, and innovation/growth

Jessica has been very reliable making payments on reasonable loans over the past decade. She has never been late on a payment and does not plan on borrowing more than she can afford to repay. Her credit report and credit history are superior.

Name at least four factors that a lender investigates when considering whether you are creditworthy.