When buyers are in a weak bargaining position, companies in the supplying industry must lower their prices to increase profits.

True/False

A benchmark market value index is comprised of three stocks. Yesterday the three stocks were priced at $10, $15, and $57. The number of outstanding shares for each is 628,000 shares, 519,000 shares, and 207,000 shares, respectively.

In accounting, goodwill A. Is never recorded. B. May be recorded when a company's level of net income exceeds the industry average. C. Must be expensed in the period when it is acquired. D. May be recorded when the company purchases another business.

At an activity level of 6,900 units in a month, zelinski corporation's total variable maintenance and repair cost is $408,756 and its total fixed maintenance and repair cost is $230,253.

Monty Manufacturing builds playground equipment that it sells to elementary schools and municipalities. Monty's management has contracted you to perform a variance analysis on the fixed manufacturing overhead for its line of slides.

According to adam smith's four principles of sound taxation, a good tax should be

Explain what is meant by market research.

Jean, a restaurant critic, publishes a review in a national daily that the sandwiches served at his friend's deli are usually not fresh. Tom, the owner of the deli, notices a significant decrease in customers after the review gets published.

Why did the Soviet Union experience many surpluses and shortfalls? A) The labor force wasn't well educated B) The cold climate made farming hard C) Central planners could not manage every detail D) The country depended on imports to obtain resources.

A hospitality operation has sales revenue of $462,000 with variable cost averaging 44%. Fixed costs are $188,000. The owner wants a net income after tax of $50,400 based on a tax rate of 28%. a.

True or false fdr was eager to use deficit spending to end the economic crisis.