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If a competitive firm is currently producing a level of output at which marginal revenue exceeds marginal cost, then a. a one-unit increase in output will increase the firm's profit. b. a one-unit decrease in output will increase the firm's profit.

The balance sheet of Indian River Electronics Corporation as of December 31, 2017, included 11% bonds having a face amount of $91.2 million. The bonds had been issued in 2010 and had a remaining discount of $4.2 million at December 31, 2017.

It costs Sheffield Corp. $12 of variable and $5 of fixed costs to produce one bathroom scale which normally sells for $35. A foreign wholesaler offers to purchase 2000 scales at $15 each.

What are the probable implications of a firm neglecting its knowledge and learning resources?

In a free enterprise system, competition benefits who? A) workers and consumers B) consumers C) workers D) none

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