If a factor of production has no production cost and has a fixed supply, then payments to that factor constitute what economists call:

a. normal profits

b. interest payments

c. economic rent

d. abnormal profits

A company sold 10,000 shares of its common stock at par value for a total of $45,000. What two accounts are affected by the transaction?

On January 1, Parson Freight Company issues 7.5%, 10-year bonds with a par value of $2,600,000. The bonds pay interest semiannually. The market rate of interest is 8.5% and the bond selling price was $2,423,327.

Which of the following statements is true? A) Corporate mission is shaped by functional strategies. B) Corporate strategy is shaped by functional strategies.

Mountain river adventures offers whitewater rafting trips down the colorado river. it costs the firm $100 for the first raft trip per day, $120 for the second, $140 for the third, and $160 for the fourth.

BAD Company's stock price is $ 40 , and the firm has 8 million shares outstanding. You believe you can increase the company's value if you buy it and replace the management. Assume that BAD has a poison pill with a 15 % trigger.

The most recent financial statements for Alexander Co. are shown here: Income Statement Balance Sheet Sales $ 42,800 Current assets $ 17,500 Long-term debt $ 37,000 Costs 35,500 Fixed assets 68,300 Equity 48,800 Taxable income $ 7,300 Total $ 85,800

Which of the following is a positive economic statement? A. The government should implement a national consumption tax. B. The standard of living in the United States is too low. C. The U. S.

Rachel is working on a project that technically allows three activities to be done at the same time. if they were to be implemented at the same time, she would need 5 contractors in order for the activities to be completed on time.

In one to three sentences, describe reliable financial information.

When using statistics to support a speech, it is best to do all of the following except: a. use statistics to quantify ideas. b. use statistics to explain. c. present statistics with charts or graphs so it is easier for listeners to grasp d.