3. If you consume $1 for every $2 you earn in income, your average propensity to consume

(APC) is

A. 30%

B. 20%

C. 50%

D. 100%

Blossom Corporation is authorized to issue 49,000 shares of $5 par value common stock. During 2017, Blossom took part in the following selected transactions: 1.

Which of the following situations represents a successful use of financial leverage? a. A firm issues new shares of stock and uses the proceeds from the sale to retire its outstanding debt. b.

By asking caregivers about self-care items taken from the dpiyc in a question and answer format are you using this tool as a standardized test?

An decrease in the price of oranges would lead to a (n) a. a movement down and to the left along the supply curve for oranges. b. a movement up and to the right along the supply curve for oranges. c. increased supply of oranges. d.

What is the struggle among producers for consumer dollars called?

Spencer Co. has a $350 petty cash fund. At the end of the first month the accumulated receipts represent $58 for delivery expenses, $187 for merchandise inventory, and $27 for miscellaneous expenses. The fund has a balance of $78.

Pita Pal sells fast-food franchises. Pita Pal receives $83,000 from a new franchisee for providing initial training, equipment, and furnishings that together have a stand-alone selling price of $83,000.

The accounts receivable credit column of the cash receipts journal is A. posted by individual amounts only at the end of the month. B. not posted. C. posted in summary only at the end of the month. D.

Country A has a population of 1,000, of whom 800 work 8 hours a day to make 128,000 final goods. Country B has a population of 2,000, of whom 1,800 work 6 hours a day to make 270,000 final goods. a.

Thirty-two new employees from Market Enterprises are attending orientation, receiving information about company policies, and filling out various forms. These employees comprise a group. 1. True2. False