They found that in the past year, they made $100,000 selling ice cream and spent $75,000 on supplies and factory space. The remaining $25,000 represents

If the price of flash memory chips used in manufacturing smartphones decreases, what will happen in the market for smartphones?

An electronic exchange is an electronic forum where manufacturers, suppliers, and competitors buy and sell goods, trade market information, and run back-office operations. True / False.

Professional golfers must earn a right to compete on the pga tour annually. how do professional golfers qualify for the pga tour?

Product A is normally sold for $9.60 per unit. A special price of $7.20 is offered for the export market. The variable production cost is $5.00 per unit. An additional export tariff of 15% of revenue must be paid for all export products.

Suppose that, instead of an outright ban on bicycle couriers, congress passed a law that banned any companies that used bicycle couriers from receiving any money from federal grant programs or federal contracts.

Alamos Co. exchanged equipment and $18,900 cash for similar equipment. The book value and the fair value of the old equipment were $81,300 and $91,400, respectively.

If the market price for a chair is $24 and the marginal cost for the chai is $7, the marginal revenue from the chair would be?

Which best describes the difference between sole proprietorships and partnerships?

After totaling the receipts in the petty cash box, Kelly Garrett Detective Agency spent $65 on Office Supplies and $145 on Auto Expense. The journal entry to record the reimbursement to the petty cash fund would include:a.

A country reported nominal GDP of $200 billion in 2010 and $180 billion in 2009. It also reported a GDP deflator of 125 in 2010 and 105 in 2009. Between 2009 and 2010, how much did prices increase?