Which of the following best explains the profit motive

Suppose that, in an attempt to combat severe inflation, the government decides to decrease the amount of money in circulation in the economy. This monetary policy the economy's demand for goods and services, leading tohigher product prices.

A person has $4000 to put into savings. Assuming all options were offered by the same institution, which account is likely to offer the highest interest rate?

Skidmore Music Company had the following transactions in March: Sold instruments to customers for $16,300; received $11,200 in cash and the rest on account. The cost of the instruments was $8,700.

On December 1, Campbell Co. borrowed $10,000 cash from Second Bank by signing a 90-day, 6% interest-bearing note. On December 31, Campbell accrued interest expense of $50. Campbell does not use reversing entries.

The standards for direct labor for a product are 2.5 hours at $8 per hour. Last month, 9,000 units of the product were made and the labor efficiency variance was $8,000 F. The actual number of hours worked during the past period was:

Which statement about stakeholders is BEST? 1. Stakeholders are external to a company. 2. Stakeholders can potentially impact project development. 3. Stakeholders wield considerable power. 4.

Henry Hobbs, age 51, has compensation of $72,000. The normal retirement age for his 457 (b) plan is age 62. Henry has unused deferrals totaling $21,000 as of January 1, 2019. How much can Henry defer into his 457 (b) public plan for 2019?

According to your text, managers today must learn to transcend paradox. What is a paradox?

Property, plant, and equipment and intangible assets are

Beridze manufacturing expects to produce 2,400 units in january and 3,700 units in february. beridze budgets $45 per unit for direct materials.