Richard's Sporting Goods reports net income of $150,000, net sales of $520,000, and average assets of $1,600,000. The profit margin is:

Cost drivers are: A. activities that cause costs to increase as the activity increases. B. accounting techniques and practices used to control costs. C. accounting reimbursements used to evaluate whether performance is proceeding according to plan.

In which of these instances is demand said to be perfectly inelastic? a. An increase in price of 2% causes a decrease in quantity demanded of 2%. b. A decrease in price of 2% causes an increase in quantity demanded of 0%. c.

Lee purchased a stock one year ago for $24. the stock is now worth $34, and the total return to lee for owning the stock was 0.35. what is the dollar amount of dividends that he received for owning the stock during the year?

Monty Corp.'s trial balance at December 31 shows Supplies $5,700 and Supplies Expense $0. On December 31, there are $2,600 of supplies on hand.

What is not one of the common tools you can use to protect yourself against phishing?

A company could improve its acid-test ratio by selling some equipment it no longer needs for cash. a. True b. Flase

A company which sources raw materials and components from overseas will hold extra inventory of these items due to a mismatch between the timing of customer demand and supply chain lead times. This type of inventory is A. cycle stock. B.

Retired people will be draining the u. s. economy of wealth. this is due to:

Which ad extension would you use for an advertiser who has a chain of local restaurants?

Austin Fisher contributed land, inventory, and $32,000 cash to a partnership. The land had a book value of $59,000 and a market value of $103,000. The inventory had a book value of $70,900 and a market value of $65,900.