The document a caterer uses to stipulate the terms, conditions, and contents of the services he or she will provide each client is called the

a. menu.

b. client agreement.

c. brochure.

d. press release.

A firm produces 50 units of output at with an average total cost of three dollars. if the market price is five dollars, what is the firm's total revenue?

Permanent tax cuts shift the AD curveSelect one:a. farther to the left than do temporary tax cuts. b. not as far to the right as do temporary tax cuts. c. farther to the right than do temporary tax cuts. d.

When you buy a car with a bank loan who owns that car? Why?

If the reserve requirement is 20% and commercial bankers decide to hold additional excess reserves equal to 5% of any newly acquired checkable deposits, then the effective monetary multiplier for the banking system will be: a. 3 b. 4 c. 5 d. 6

Producer surplus is A. the market price multiplied by the number of units sold by a firm. B. the difference between the highest price a consumer is willing to pay and the lowest price a firm would be willing to accept. C.

Assume a company has $200 in its petty cash fund. It expends $155 as follows: $80 for delivery expenses, $40 for postage, $35 for office supplies. There is $30 of cash remaining in the fund after these disbursements.

A lottery claims its grand prize is $10 million, payable over 20 years at $500,000 per year. If the first payment is made immediately, what is this grand prize really worth? Use an interest rate of 6%. Show work

If a petty cash fund is established in the amount of $250, and contains $151 in cash and $94 in receipts for disbursements when it is replenished, the journal entry to record replenishment should include credits to the following accounts a.

Wallace Container Company issued $100 par value preferred stock 10 years ago. The stock provided an 8 percent yield at the time of issue. The preferred stock is now selling for $74. What is the current yield or cost of the preferred stock?

Select the items from the following list that are included in financial literacy. applying for a credit card using a credit card to make a purchase paying taxes opening a checking account selecting a college deciding to rent an apartment