1. What is a limited liability company?

Ahngram Corp. has 1,000 defective units of a product that cost $2.70 per unit in direct costs and $6.20 per unit in indirect cost when produced last year. The units can be sold as scrap for $3.70 per unit or reworked at an additional cost of $2.

As the economy falls from a peak into a valley in the business cycle, cyclical unemployment should increase, and real gdp should decline. a. true b. false

Giselle has $10,000. She could put it in a CD earning 2% interest, a tech stock earning an 18% return this year, a mutual fund losing 3% this year, or an index fund earning an average return of 6%.

Julia Pitt runs a boutique that specializes in luggage and travel items. Julia contacts Tumi Luggage about carrying its line of messenger satchels.

Inefficiency exists in a market when a good is a. not produced because buyers do not value it very highly. b. not distributed fairly among buyers. c. not being produced by the lowest-cost producers. d.

For an airline, which of the following would not be an operational budget? A cash receipts budget of flying consumers. A budget of planned air miles to be flown. A fuel budget. A materials budget for aircraft parts. A labor budget for flight crew.

When interpreting the ed value as either elastic or inelastic, we look at the?

A noted business executive said, "A company's first obligation is to be profitable. Unprofitable enterprises can't afford to be socially responsible." Do you agree? Discuss.

Power and performance sports are dominant today because they do not foster the interests of people and organizations with the resources to sponsor and stage large sports events.

9) Consider the following four alternatives: 1. $132 received in two years. 2. $160 received in five years. 3. $200 received in eight years. 4. $220 received in ten years.