Which of the following best describes an asset? a. anything of value owned by the business b. always equal to a liability c. listed on the right-hand side of a balance sheet d. something that a business owes

What is the difference between technical efficiency and economic efficiency? Technical efficiency in production means that the most technologically advanced machinery is used in the production of a good.

The Toys-R-Us Toy Company can produce 500 water pistols for a total cost of $1,400. If the variable cost of producing 500 water pistols is $1,300 then A. fixed cost must be $100 B. marginal cost must be $1,300 C. marginal cost must be increasing D.

When the interest rate in an economy increases, it is likely the result of either: an increase in the government budget surplus or a decrease in its budget deficit. an increase in the government budget surplus or its budget deficit.

New products has sales of $913,000 and cost of goods sold of $684,000. the firm had a beginning inventory of $43,000 and an ending inventory of $48,000. what is the length of the inventory period?

According to circus founder p. t. Barnum, what happens without publicity?

Personal selling: A. Is indirect written communication between buyers and sellers. B. Is indirect spoken communication between buyers and sellers. C. Is not usually combined with other aspects of promotion in the total marketing mix. D.

Elimination x-y=-8 and 3x + 7y = - 14

Managers often base their hiring decisions on gut feelings. these feelings are typically formed within two minutes of meeting a job applicant and have little to do with the applicant's ability to do the job.

Leesburg sold a machine for $2,200 on november 10th of the current year. the machine was purchased for $2,600. leesburg had taken $1,200 of depreciation deductions on the machine through the date of the sale.

Which type of training would be considered vocational training?