An account is said to have a debit balance if

If the price of a pack of post it notes increases from $2.00 to $2.80 and as a result quantity demanded falls from 160 to 80 units, what is the price elasticity of demand

Carl transfers land with a fair market value of $120,000 and basis of $30,000, to a new corporation in exchange for 85 percent of the corporation's stock. The land is subject to a $45,000 liability, which the corporation assumes.

Why is using money as a medium of exchange preferable to bartering?

Internal controls for payroll systems include all of the following except a. restricted access to the check signing machine. b. changes in pay rates should be authorized and in writing. c. having employees check into work using an employee ID card.

When buying component parts, risk does not include:?

Suppose a three-person comittee is formed for a culb by drawing names out of a hat. If the expected number of women is 2 and there are 10 men in the culb, how many women are in the club?

Marin Inc. has an investment in trading securities of $143000. This investment experienced an unrealized loss of $7300 during the current year.

Jim Bob Airlines has one 57 seat plane. On its last five flights it had 44 passengers from MSY to DFW, 49 passengers from DFW to OKL, 36 passengers from OKL to TUL, 30 passengers from TUL to FWB, and 49 passengers from FWB to MSY.

All of the following are stakeholders of a firm, except

A country currently has an outstanding debt of $45 billion. Its current-year expenditures are $12 billion and its tax revenue is $14 billion.