According to Brynjolfsson and McAfee (2014), Tyler Cowen think that information and communication technology is not a general purpose technology because it does not contribute to the generation of revenue. a. True b. False

The Corbit Corp. sold merchandise on account for, $7,200. Corbit Corp. utilizes the periodic inventory system. The cost of the merchandise sold was $3,950. The journal entry (s) to record this transaction would be:

During its first year of operations, Bay Area Auto Parts sold merchandise to customers for $320,000. Based on industry standards, the company decided to create allowance for doubtful accounts for 1% of sales revenue.

Jake recently invested in a Hottie Potatee franchised business that serves potatoes with all the trimmings. The business needs lots of employees in order to operate effectively.

If the price of one of the resources used to produce a good decreases:

Which of the 5ms of the manufacturing process represents the way raw materials are formed, shaped, and held together?

A friend comes up to you and offers you a free ticket to a professional baseball game that night. You decide to attend the game. The game takes five hours and costs you $15 for transportation.

Cash flows from operating activities for both the indirect and direct methods are presented for Electronic Transformations.

A subtle form of racial discrimination in housing is "racial steering." racial steering occurs when real estate agents show prospective buyers homes only in neighborhoods already dominated by that family's race.

Candy, Inc. signed an agreement with Sweet Plantation. Under the contract, Candy, Inc. agreed to purchase all the sugar cane Sweet Plantation grew during the coming season for $0.16 per pound. This contract will be unenforceable due to its vagueness.

Why is it not useful to look around the room when listening to a speech?