Which of the following is a business organization owned by a group of people for their mutual benefit?

a. a cooperative

c. a limited liability partnership

b. a labor union

d. a professional organization

Assume PRC Corp., an equipment distributor, sells a piece of machinery with a list price of $600,000 to ACH Inc. ACH will pay $650,000 in one year. PRC normally sells this type of equipment for 90% of list price.

A property owner has agreed to allow a shopping mall access across her private road in order to allow shopping mall customers to get from the shopping mall parking lot to the street.

JB Markets has sales of $848,600, net income of $94,000, dividends paid of $28,200, total assets of $913,600, and current liabilities of $78,900. Assume that all costs, assets, and current liabilities change spontaneously with sales.

If a series of events results in a decrease in investments in the US businesses, what is the result on the US economy? A. Contraction B. Expansion C. Peak D. Trough

Stellar Company sells goods that cost $309,500 to Record Company for $415,500 on January 2, 2020. The sales price includes an installation fee, which has a standalone selling price of $45,500. The standalone selling price of the goods is $370,000.

Explain briefly why professional certification and membership in professional organizations are important.

Suppose that Omar's marginal utility for each additional cup of coffee is 5.5 utils per cup no matter how many cups he drinks.

A worker gets a raise of $120 per month and quickly decides to spend $90 of the money on necessities and the occasional luxury, while putting the remaining $30 into retirement savings.

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Waterway Industries can produce 100 units of a component part with the following costs: Direct Materials $15800 Direct Labor 6900 Variable Overhead 16800 Fixed Overhead 12000 If Waterway Industries can purchase the component part externally for