Final Exam

Status

Exam

Until it was abandoned in 1933, what

was the substance that was used as

commodity money to give paper

money an intrinsic value in the United

States?

A. Cooper

B. Zinc

C. Steel

D. Gold

The journal entry to record the use of utilities in a factory could include which two of the following: (You may select more than one answer.

Steven has a base salary of $1200 a month as a real-estate agent. if he made $2900 this past month and sold $315,000 worth of property, what is his rate of commission? [round to the nearest tenth]

A new startup airline is offering free round-trip tickets to anywhere to the first 600 people who enter the office on the airline's first day of business.

Italian Stallion has the following transactions during the year related to stockholders' equity February 1 Issues 5,900 shares of no-par common stock for $15 per share. May 15 Issues 700 shares of $10 par value, 12% preferred stock for $12 per share.

Citrine Inc. is a manufacturer of electrical home appliances. The company is facing a serious shortage of copper scrap that is used in its manufacturing process. Hence, the manufacturing process has come to a halt.

The spotlight on small business box "earning while learning" features students who

The balance sheet reports revenues and selling costs for a period of time. a. True b. False

The 12/31/2018 balance sheet of Despot Inc. included the following: Common stock, 25 million shares at $20 par $ 500 million Paid-in capital-excess of par 3,000 million Retained earnings 980 million In January 2018, Despot recorded a transaction

Gallons of output for October and November were 45,000 and 56,000, respectively. Gallons of input for October and November were 46,000 and 64,000, respectively. Which of the following statements is true? a. all of the above b.

Identify each person below as structurally, frictionally, or cyclically unemployed. a. Jake recently lost his job as a dishwasher.