During the month, merchandise is sold for $80,500 cash and for $119,000 on account. The cost of goods sold is $101,500. What is the amount of gross profit?

a. $199,500

b. $119,000

c. $98,000

d. $80,500

A reduction in U. S net exports would shift U. S. aggregate demand a. rightward. In an attempt to stabilize the economy, the government could increase expenditures. b. rightward.

At Ava's second birthday, her grandparents wanted to pool their money to buy U. S. Treasury bonds that would ultimately provide $120,000 for college expenses in 16 years. If calculating a gain of 4% interest, what dollar amount in U. S.

If planned aggregate spending in an economy can be written as PAE = 15,000 + 0.6Y - 20,000r, and potential output equals 36,000, what real interest rate must the Federal Reserve set to bring the economy to full employment?

A farmer plans to plant two crops, A and B. The cost of cultivating Crop A is $40/acre whereas the cost of cultivating Crop B is $60/acre. The farmer has a maximum of $7400 available for land cultivation.

Probett's Garage uses 120 boxes of cleaning cloths a year. The boxes cost $6 each. Ordering cost is $3 and holding cost is 10 percent of purchase cost per unit on an annual basis. Determine the total costs of the cleaning cloths.

An increase in the supply of money in an economy could be caused by (choose all that apply) : a. an increase in the discount rate. b. a decrease in the discount rate. c. an increase in the required reserve ratio. d.

Assume cash = $500, notes payable in six months = $600, accounts receivable = $900, inventory = $1,500, and accounts payable = $1,100. What is the quick ratio?

Sara wants to buy a new bike. She evaluates the bike on color, size, price, number of gears, and other features. The bike is an example of a credence good a. Trueb. False

An educated guess to the outcome of any one experiment is called

You recently got a job as an usher at the nearby movie theater. Last night, you had the opportunity to work but decided to take your very first vacation day. Suppose you could have earned $10 per hour for three hours of work.