If John can produce a good in less time than Fred then he has an absolute advantage in producing that good. True or False

Exponential Smoothing is the most common method of forecasting is the most used of all techniques according to the textbook. Discuss some of the reasons why you believe it is the most commonly used method

An electronics firm produces smart phones for sale to the worldwide market. One of the most crucial process-related competitive operational priorities for this firm is: A. Aesthetics B. Cyber Security C. Flexibility D. Durability.

Imagine that you open your own business. In the first year your business generate $300,000 in revenues.

Qs 22-2 allocating costs to departments lo p1 mervon company has two operating departments: mixing and bottling. mixing has 300 employees and occupies 22,000 square feet. bottling has 200 employees and occupies 18,000 square feet.

Suppose there are two breakfast restaurants in your college town, Waffle Kingdom and Flip's Flapjacks, and they decide to operate collusively as a cartel. If both restaurants abide by the cartel's agreement, then each will earn $100,000 in profit.

Sally and wally have a great business idea. they have some money to invest and hope to find more people interested in investing. they are worried about the legal aspects and the liability. the best business form for them is most likely a

Bridgeport Inc. had pretax financial income of $139,400 in 2020. Included in the computation of that amount is insurance expense of $4,400 which is not deductible for tax purposes.

For an auto insurance company, the average cost of collision claims is $500 per year for careful drivers and $3000 per year for poor drivers.

In 2013, Chandler Company had net credit sales of $1,125,000. On January 1, 2013, Allowance for Doubtful Accounts had a credit balance of $27,000. During 2013, $42,000 of uncollectible accounts receivable were written off.

Why did Adam Smith advise nations to allow their economies to remain as free as possible from government interference? A. He thought that governments would become dictatorships if they became involved in economics. B.