Gibson valves produces cast bronze valves on an assembly line, currently producing 1600 valves per shift. if the production is increased to 2000 valves per shift, labor productivity will increase by

Mayan company had net income of $33,250. the weighted-average common shares outstanding were 9,500. the company sold 4,500 shares before the end of the year. there were no other stock transactions. the company's earnings per share is:

How would a bicycle producer likely react to a shortage of its product? a. by holding special clearance sales of its inventoryb. by keeping storers open longer hoursc. by raising prices and reducing quantity supplyd.

When Pete Mills went to withdraw $10,100 from the NFA Mutual fund, he was informed that the fund would charge 6 percent of the amount withdrawn. What is the dollar amount of the withdrawal charge? (Round your answer to 2 decimal places.

A machine with a book value of $38,000 is sold for $32,000. Which of the following answers would accurately represent the effects of the sale on the financial statements? Assets = Liab. + Equity Rev./Gain - Exp./Loss = Net Inc. Cash Flow A.

A shoe manufacturer sells high-end designer shoes to wholesalers who, in turn, sell a variety of shoes and other leather accessories to various retail outlets. Which of the following channels of distribution is the shoe manufacturer using? a.

Which sources of information would be the most inclusive for an entrepreneur determining information to complete financial statements?

When a celebrity receives extra compensation for winning an award, this compensation is referred to as a

Inlcuded in Perry's capital balance is a $20,000 partnership loan owed to Perry. Perry, Quincy, and Renquist shared profits and losses in a ratio of 2:4:4. Liquidation expenses were expected to be $15,000. All partners were solvent.

Consider a perfectly competitive market in which all firms have the same costs. Choose the statement that is incorrect. A. The market supply curve is upward sloping at prices above the firm's shutdown price. B.

1. Identify a company or organization from which you have received high-quality products and describe the characteristics which make it high quality. 2.