An externality is an intangible effect of production and purchases.

TRUE

FALSE

On January 1, 2015, the Accounts Receivable of Linda, Inc. had a debit balance of $180,000. During January, the company provided services for $700,000 on account. The company collected $230,000 from its customers on account in January.

Consider the following information: Store A Store B Number of products sold 5500 4000 Labor hours used 125 110 Material used in lbs 220 120 Labor Cost/hour 8 8 Material Cost/lbs 15 15 Selling price/unit 25 25 Which store utilizes material better

Suppose that Taggart Transcontinental currently has no debt and has an equity cost of capital of 10%. Taggart is considering borrowing funds at a cost of 6% and using these funds to repurchase existing shares of stock. Assume perfect capital markets.

A plane leaves Seattle, flies 85 miles at 30o north of east, and then changes direction to 45o south of east. After flying 115 miles in this new direction, the pilot must make an emergency landing in a field.

An accountant who passes a series of examinations established by the AICPA

Other things being equal, the monopolist will hire the same number of workers as a perfectly competitive industry would. hire fewer workers than if the industry were perfectly competitive.

Which of the following statements is true about using fonts in business documents? A. Sans serif fonts, such as Arial, are best in business letters and emails. B. Use as many different types of fonts in a business letter as you can. C.

In creating the Wii, how did Nintendo ensure a supply of complements that would motivate customers to adopt its new video game format? a. Nintendo made only a select number of games to run exclusively on the Wii system. b.

Suppose that B2B, Inc., has a capital structure of 35 percent equity, 16 percent preferred stock, and 49 percent debt. Assume the before-tax component costs of equity, preferred stock, and debt are 14.5 percent, 11.0 percent, and 9.

C. explain the court's guidelines for deciding discrimination cases.