During 2016, Frank Company incurred $200,000 in legal fees in defending a patent with a carrying value of $3,500,000 against an infringement. Farver's lawyers were successful with the defense of the patent. The legal fees should be

Cherry Tree Company has the following balance sheet information as of December 31, 2019Cash $10,000Marketable Securities $20,000Accounts Receivable $30,500Prepaid Expenses $2,000Inventory $34,000Property, Plant and Equipment (net of Accumulated

The U. S. Treasury maintains accounts at commercial banks. What would be the consequences for the money supply if the Treasury shifted funds from one of those banks to the Fed? Answer yes or no to each of the following:A.

If sales revenue is $80 million and accounts receivable increased by $12 million, the amount of cash received from customers:

Companies such as IBM, Walmart, and Google now look beyond economic gain and, in their marketing strategies, they also consider the well-being of customers, the depletion of natural resources, the viability of suppliers, and the interests of the

The long-run aggregate supply curve will not shift if there is a change in A. amount of capital. B. the price level. C. technology. D. amount of labor.

6. You head the product development division of a major corporation. How can you get the people in your division to come up with ideas for new products?

Unable to borrow from other banks, University Bank is forced to turn to the Federal Reserve for needed funds. What is the interest rate the Federal Reserve will charge University Bank called? A. open market operations required B. reserve ration C.

First national bank charges 13.2 percent compounded monthly on its business loans. first united bank charges 13.5 percent compounded semiannually. calculate the ear for first national bank and first united bank

A South American country exports coffee and estimates the demand function to be D (p) = 75 - 3p2. If the country wants to raise revenues to improve its balance of payments, should it raise or lower the price from the present level of $3 per pound?

A monopolistically competitive market could be considered inefficient because a. marginal revenue exceeds average revenue. b. price exceeds marginal cost. c. the efficient scale of production is only achieved in the long run, not in the short run. d.