On March 1, 2017, Moreno Company purchased a patent from another company for $90,000. The estimated useful life of the patent is 10 years, and its remaining legal life is 15 years. How much is amortization expense for 2017?

When GM advertises its cars, the company is trying to cause a? a. rightward shift in the supply. b. rightward shift in the demand. c. leftward shift in the supply. d. leftward shift in the demand.

Suppose that a luxury brand chose to sell its products only through nordstrom stores. this would be an example of what level of distribution intensity?

When using modified accrual accounting, revenues should be recognized when measurable and available to finance expenditures of the current period. True of False

Early railroad owners formed "pools" in order to a. choose the best workers. b. divide business in a particular area and share profits. c. water their stock. d. pool their capital to construct more rail lines. e. avoid wasteful competition.

Suver Corporation has a standard costing system. The following data are available for June Actual quantity of direct materials purchased 20,000 pounds. standard price of direct materials $ 7.00 per pound.

The demand for corn has increased in May without any change in supply. Eight months later there still has been no change in corn prices. This is an example of a a. price floor. b. sticky price. c. macroeconomic price. d. price control.

On his computer, vien saved a 40-page report about safety in restaurants. he remembers the report had some interesting facts about the risks of falling, but he does not remember what page the facts appeared on.

A monopolist that practices perfect price discrimination A. charges one group of buyers a higher price than another group, such as offering a student discount. B. creates no deadweight loss. C.

Suggestive selling, accepting credit cards as payment, and expanding operating hours to 24 hours are strategies used by the fast food industry to

How much student loan interest is tax deductible 2016?