A man bought a horse for $60 and sold it for $70. Then he bought it back for $80 and sold it for $90. How much did he make or lose in the horse trading business?

order for the auto parts shop is $80; the holding cost of carrying 1 unit is $1.2 per year. The shop has 360 working days per year. The lead time is usually 12 working days. Determine the total carrying cost.

Redistributive philosophies Complete the following table by selecting the redistributive philosophy that matches each statement.

There are two goods, apples and oranges, in a country. If the relative price of apples (in terms of oranges) is 4 and the opportunity cost of an apple is 3 oranges, what will workers produce?

During its first year of operations, Mack's Plumbing Supply Co. had sales of $650,000, wrote off $10,400 of accounts as uncollectible using the direct write-off method, and reported net income of $71,500.

A client with a peptic ulcer is diagnosed with Helicobacter pylori infection. The nurse is teaching the client about the medications prescribed, including metronidazole, omeprazole, and clarithromycin.

An accumulated depreciation account has a normal credit balance. increases on the debit side. is a contra-liability account. is offset against total assets on the balance sheet.

If women are underutilized in an organization, the organization should implement plans to correct the underutilization. the organization should implement hiring quotas for women until the underutilization no longer exists.

Which of the following is a deficiency of using a static planning budget in performance reports? A. The report compares actual revenues and costs at one level of activity with budgeted revenues and costs at the same level of activity B.

Cindy is concerned because during the past four months her company has experienced difficulty in paying its bills on time. She knows if this continues, the firm will have difficulties in accomplishing its goals. Cindy is concerned with:A.

Vang Corp.'s stock price at the end of last year was $38 and its earnings per share for the year were $2.30. What was its P/E ratio? Select the correct answer. a. 16.52 b. 16.82 c. 15.92 d. 16.22 e. 15.62