Households: a. are the largest purchasers of resources. b. supply goods and services. c. play a very minor role in an economy. d. set the price for goods. e. own and sell resources.

Advertising can: prevent economies of scale in manufacturing. increase demand for the product. assure a product does not fail. manipulate customers into buying a product. raise the cost of producing a product.

What type of policy would offer a 40-year old the quickest accumulation of cash value?

Marshall purchases inventory for sale from Tidy Wholesalers for $8,500 with terms 1/10, n/30. 5 Marshall pays Express Transfer $45 for freight on the July 4 order.

Tropic beach balls, inc. is considering several investment options. if the company wants to maximize investment income, when is the best time for tropic to invest its excess cash?

Working with a word processor requires more than just a knowledge of typing. A good word processor includes a number of tools designed to aid in formatting documents to meet the needs of the reader.

The selling price of an article is equal to the cost of the article plus the markup. The markup on a certain television set is what percent of the selling price?

Under SFAS 141R, a. both direct and indirect costs are to be expensed. b. both direct and indirect costs are to be capitalized. c. indirect costs are to be capitalized and direct costs are to be expensed. d.

The head of the marketing area told Alex to find the most stringent federal regulations on advertising to create the toughest standards. "If we can pass those, we should be able to get by all regulations." One real problem isA.

An aging of a company's accounts receivable indicates that the estimate of uncollectible receivables totals $7,900.

The following data for the telephone company pertain to the production of 450 rolls of telephone wire during June. Selected items are omitted because the costing records were lost in a windstorm.