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Thelma
BusinessBusiness
A business model describes how a company produces, delivers, and sells a product or service to create wealth.

A. True

B. False
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Tony Ortiz
BusinessBusiness
An item's real value is A. Equal to its price B. Always greater than its perceived value C. Equal to the cost of its production D. An average of the price of competitor items
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Laci Holmes
BusinessBusiness
Which of the following is a Microwork service provided by Amazon?

A) Static Spark

B) Electrical Geek

C) Mechanical Turk

D) Dynamic Week

correct answer: C, Mechanical Turk
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Lil Girl
BusinessBusiness
Guido Properties owes First State Bank $60 million under a 7% note with two years remaining to maturity. Due to financial difficulties of Guido, the previous year's interest ($4.2 million) was not received. The bank agrees to settle the note receivable and accrued interest receivable in exchange for land having a fair value of $44 million and a book value of $ 32 million.

Required:

Prepare all the journal entries required for the settlement on Guido's books.
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Ellie
BusinessBusiness
Betty Bailey's Textiles, Inc., uses a perpetual inventory system. In February, Betty Bailey's sold $ 540 comma 000 of merchandise on account with terms 3 /10, n/30. The cost of the merchandise sold was $ 240 comma 000. Using this information, calculate the gross profit from the sale and the gross profit ratio. Assume that the customer does not pay within the discount period.
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Angelina Mcpherson
BusinessBusiness
Conversion costs are a. direct materials and factory overhead b. direct materials and indirect labor c. direct materials and direct labor d. factory overhead and direct labor
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Marquise Rubio
BusinessBusiness
What the consumer of research and the producer of research roles have in common?
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Reyna Griffin
BusinessBusiness
A duopoly faces an inverse market demand of: p equals 390 minus 3 q 1 minus 3 q 2. You are told that firm 1 is the leader and firm 2 is the follower. Otherwise the firms are identical, each with a constant marginal cost of $90. What oligopoly model will you use to analyze this market?
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Charity Lopez
BusinessBusiness
All of the following are tangible or intangible benefits of a new system except:

A. increased costs

B. increased job satisfaction

C. better decision making

D. greater management control

E. improved customer service
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Taryn Bass
BusinessBusiness
The idea of policy making taking place in response to a predetermined set of rules is refered to as
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Milton Sexton
BusinessBusiness
Imagine that the U. S. economy has an initial unemployment rate equal to the natural rate of unemployment. Identify each event as a factor that will either increase or decrease unemployment in the short run. increase An oil cartel raises oil prices. The U. S. dollar gains value against foreign currencies. American consumers expect higher income in the future. Brazil experiences economic growth and increases its demand for U. S. exports. U. S. real estate values rise.
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Raegan
BusinessBusiness
Baggage fees. An airline charges the following baggage fees: $25 for the first bag and $35 for the second. Suppose 54% of passengers have no checked luggage, 34% have one piece of checked luggage and 12% have two pieces. We suppose a negligible portion of people check more than two bags. (a) Build a probability model, compute the average revenue per passenger, and compute the corresponding standard deviation. (b) About how much revenue should the airline expect for a flight of 120 passengers
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Kinley Anderson
BusinessBusiness
The financial statements of the Harrison Company report net sales of $200,000 and accounts receivable of $10,000 and $5,000 at the beginning of the year and end of year, respectively. What is the average collection period for accounts receivable in days?
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Arabella
BusinessBusiness
Use the following information to answer the next three questions.

Periods Future Value of $1 at 12 Percent Future Value of Ordinary Annuity of $1 at 12 Percent Present Value of $1 at 12 Percent Present Value of Ordinary of $1 at 12 Percent 1 1.120 1.000 0.893 0.893 2 1.254 2.120 0.797 1.690 3 1.405 3.374 0.712 2.402 46.

A single deposit of $800 made at the beginning period 1 would grow to how much at the end of three years, assuming a 12 percent interest rate?

A. $1,254.

B. $ 896.

C. $1,124.

D. $2,699
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Janet Hartman
BusinessBusiness
Your spouse is a teacher at the local elementary school. Which retirement plan would she most likely have?

Roth IRA

Traditional IRA

401 (k)

403 (b)
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