True or false tariffs

are used to encourage global trade between two countries

Bingerton Industries uses a perpetual inventory system. The company began the year with inventory of $89,000. Purchases of inventory on account during the year totaled $314,000. Inventory costing $339,000 was sold on account for $528,000.

Which of these are considered capital resources? a.) Money, employees, raw materials b.) Factory, machines, investments c.) Hiring process, truck, manager D.) Ideas, tools, licensing process

Accounting profit differs from economic profit because

A marketing manager of a firm with small international sales volume is looking for a middleman who can take responsibility for promotion of the company's products, credit arrangements, physical handling, and market research.

Which of the following is true of a transnational strategy? A. Uses licensing extensively outside of the "home" country B. Uses standardized products C. Uses domestic model globally D. Exploits the economies of scale and learning

FetchFun Inc. is currently an all-equity firm with 20 million shares outstanding and a stock price of $7.50 per share. FetchFun Inc. plans to announce that it will borrow $50 million and use the proceeds to repurchase shares. FetchFun Inc.

Which of the following is not one of the categories of which the CPI market basket consists? a. housing b. food c. education d. industry

Individuals are free to produce and sell whatever products they wish

If inflation begins to rise rapidly, which step is the Federal Reserve likely to take?

April Stigum will receive a 6 year annuity of $2,000 per year, beginning 7 years from today. In other words, the first payment will be made at the end of year 7.