Which of the following is not a characteristic of a perfectly competitive market? A. There are many buyers and sellersB. Firms can freely enter and exit the market. C. Many firms have market power. D. Firms sell very similar products.

The following data are for Lily Kay Company. Total sales revenue $250,000 Number of units sold 50,000 units Contribution margin per unit $3.50 Fixed costs $100,000 Calculate the number of units that must be sold to generate net income of $80,000. a.

A company reports the following information as of December 31st: Sales revenue $ 350,000 Cost of goods sold $ 150,000 Operating expenses $ 110,000 Foreign currency translation gain $ 25,000 1.

A company received a bank statement showing a balance of $78,000. Reconciling items included outstanding checks of $2,400 and a deposit in transit of $9,400. What is the company's adjusted bank balance

Everly Company has determined a standard variable overhead rate of $2.75 per direct labor hour and expects to incur 1.0 labor hour per unit produced. Last month, Beverly incurred 1,100 actual direct labor hours in the production of 1,200 units.

The three basic legal forms of business enterprise are: A. monopolists, competitors, and enterprises. B. proprietorships, partnerships, and corporations. C. vertical, horizontal, and conglomerate corporations. D.

An analyst, using a random sample of n = 500 families, obtained a 90% confidence interval for mean monthly family income for a large population: ($2700, $3300).

ArmiLiza, a popular United States-based brand of handbags, has built a second factory in Mexico. The majority of the new factory's employees are Mexican citizens or Honduran immigrants.

A treasury___is issued by the US government, and is considered very safe. The options are: A. bond B. Mutual fund C. Stock

Fast Auditors prepared audited financial statements for Mega Company's registration statement in compliance with the 1933 Securities Act. John bought stock in Mega Company.

After working for a few years to formulate just the right Greek yogurt product, Chobani decided it eventually wanted to mass-market through grocery stores.