Each state can set its own minimum wage. If the federal and state minimum wages are different, the highest minimum wage is used.

True

False

If disposable personal income (dpi) = $800 and personal income taxes = $100, then what is personal income (pi) ?

A real estate contract or land contract is described as a method of financing often substituted for mortgage or trust deed financing. Consequently a land contract can be:1. the same as a mortgage 2. a security device 3. similar to a lease 4.

Which bank installed the first atm machine in the united states? Bank of america

Real GDP per capita: cannot grow more rapidly than real GDP. cannot decrease if Real GDP increases. necessarily grows more rapidly than real GDP. can increase or decrease when Real GDP increases.

Jules & Co., a smartphone manufacturing company, provides wages to its employees based on the number of smartphones the workers assemble. The more the employees assemble, the more they earn. This type of plan is called a A. piecework rate plan. B.

Re-Up Enterprises has sales of $926,355, costs of goods sold of $613,500, inventory of $189,880, and accounts receivable of $78,580. How many days, on average, does it take the firm to sell its inventory assuming that all sales are on credit?

Which of the following is one of the main things to consider when evaluating a business opportunity?

Analyzing Accounts Receivable Changes The comparative balance sheets of Sloan Company reveal that accounts receivable (before deducting allowances) increased by $15,000 in 2013.

The balance in the Accounts Receivable account decreased from $18,000 at the beginning of the month to $15,000 at the end of the month. Sales on account during the month totaled $130,000.

A firm is considering a replacement project which requires the initial outlay of $300,000 which includes both an after-tax salvage from the old asset of $12,000 and an additional working capital investment of $8,000.