true or false: The decrease in the proportion of income spent on the basic necessities of life has encouraged the demand for more services and accelerated the transition to post industrial society.

While waiting in line to make a purchase at Best Buy, Joanie sees signs reminding her to visit the company's website for online specials and to sign up on her smartphone for the Best Buy Loyalty Rewards Program.

Firm X purchased $30,000 worth of inventory when they opened for business, adding to the $20,000 included in the acquisition. At the end of the first quarter, inventory was valued at $23,000. What was cost of goods sold (COGS) for the quarter? a.

Mirtha Mudflat has sufficient funds to choose one of two investments. The same amount will be invested in either case. Choice one: ten year $100,000 5% Treasury bonds issued to yield 4% per annum, the market rate.

Suppose a community garden in your neighborhood has both individually owned plots and a large common plot. Further assume that the soil and sunlight conditions are the same everywhere in the garden.

Georgette was making $4,000 per month, but her work cut her hours, so she is now making $2,500 per month. What do you expect to happen to Georgette's demand curve for powdered cheese (an inferior good) as a result of this income change?

On December 23, 2018 , Silverman Sports Manufacturing sells a truckload of merchandise to the Baseball World store in Cincinnati , Ohio. The terms of the sale are FOB destination.

What is the importance of understanding a firm's strategy, even if you are not a senior manager in a firm?

Proposals M and N each cost $550,000, have 6-year lives, and have expected total cash flows of $750,000.

Red barchetta co. paid $27,815 in dividends and $28,752 in interest over the past year. during the year, net working capital increased from $13,674 to $18,394. the company purchased $42,770 in fixed assets and had a depreciation expense of $17,120.

Rowan Co. purchases 100 common shares (40%) of JBI Corp. as a long-term investment for $500,000 cash on July 1. JBI Corp. paid $5,000 in total cash dividends on November 1 and reported net income of $100,000 for the year.