Why would you want to know your net worth?

so you know what fees to pay

so you could get gross pay

so you have an idea of your earnings

so you know how much money you have available

Which of the following is the best example of investment as defined by economists? Multiple a. A college professor buys a truck to drive around in. b. A worker deposits money into a long-term retirement account. c.

During 2018, Landers Corp. had net sales of $17,000,000. The beginning total assets were $8,600,000. The asset turnover ratio was 1.5 times. Calculate the ending total assets of Landers.

The term product/market fit conveys the degree to which a product satisfies market demand. successful efforts should be desired by customers, and scale into large, profitable businesses. a. True b. False

Which financial component is a mandatory deduction from your gross pay? Sales tax Social security tax Health insurance Disaster relief fund Voluntary deduction

If you are starting a new business, you can assume with some certainty that your customers will have the same level of technology as you install. True False

Which of the following statements is true of expatriate managers? a. They are managers who work abroad. b. They are managers who work in domestic firms. c. They are managers who work for the emerging economies they are a part of. d.

An industry with oligopolistic competition faces falling profits and its sales growth is slow. Demand for individual brands has become quite elastic--as consumers see competing products as almost homogeneous. Several firms have dropped out.

Ros Corporation's flexible budget cost formula for indirect materials, a variable cost, is $0.90 per unit of output.

The process by which goods, services, or ideas are used and transformed into value is referred to as cost behavior analysis.

Globalization increases the interdependency of the world's countries. Inflation in one country would most likely