In economics, capital refers to

a. stocks and bonds.

b. buildings and machines used in the production process.

c. the money households use to purchase firms' output.

d. the finances necessary for firms to produce their products.

What is the monopolist total variable cost a. $4,940 b. $4,560 c. $5,700 d. $3,800?

On January 1, Gucci Brothers Inc. started the year with a $708,000 balance in Retained Earnings and a $598,000 balance in common stock.

What is a tort? A. A breach of contract B. A legally-binding contract between two parties that includes consideration C. An agency relationship that gives one party the authorization to act on behalf of the other party D.

Q 4.26: on december 31, 2017, before any year-end adjustments, canterbury shoe repair's prepaid insurance account had a balance of $3,500. It was determined that $2,200 of the prepaid insurance had expired.

Airline Accessories has the following current assets: cash, $99 million; receivables, $91 million; inventory, $179 million; and other current assets, $15 million.

Pinto Corp. sells $300,000 of bonds to private investors. The bonds have a 4% coupon rate and interest is paid semiannually. The bonds were sold to yield 5%. What periodic interest payment does Pinto make to its investors? A. $6,000 B. $5,000 C.

Unearned Rent Revenue is A. a revenue account. B. reported as a current liability. C. a contra account to Rent Revenue. D. debited when rent is received in advance.

Lagos in the 20th century and Accra in the 21st century began benefitting from a new source of international earnings that enriched each nation's economy. What industry was responsible for those new earnings?

Vineyard Corporation, a manufacturer of fine wines, began the year with 20,000 bottles in inventory. The company estimated the budgeted sales for the four quarters of the current year to be 200,000 bottles, 150,000 bottles, 250,000 bottles, and

Chegg "Thurman Corporation issued 500,000 shares of $0.50 par value capital stock at its date of incorporation for cash at a price of $2.5 per share. During the first year of operations, the company earned $180,000 and declared a dividend of $45,000.