Identity and explain any social role of a business.?

Which of the following budgets is used to provide an 'apples to apples' comparison of budgeted and actual performance at the actual unit volume attained?

When Crossett Corporation was organized in January Year 1, it immediately issued 4,000 shares of $50 par, 6 percent, cumulative preferred stock and 50,000 shares of $20 par common stock.

After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $703,938 and Allowance for Doubtful Accounts has a balance of $19,734. What is the net realizable value of accounts receivable? a.

g Suppose on January 1 Austin 's Tavern prepaid rent of $ 13 comma 200 for the full year. At May 31 , how much rent expense should be recorded for the period January 1 through May 31 ? At May 31, Austin's Tavern should record $ 3,300 of rent expense.

Increasing opportunity cost while moving along a production possibility frontier is due to a. the fact that resources are not equally good in each production activity b. the fact that resources are unemployed and/or misallocated c.

Special-purpose technology is a common way of offering increased customization in manufacturing or services without taking on additional labor costs. True/False

You are to receive $500 at the end of one year; $250 at the end of two years; $300 at the end of three years. if the interest rate is 5%, what is the present value of these cash flows?

U. S. based Majestic Co. sells products to U. S. consumers and purchases all of materials from U. S. suppliers. Its main competitor is located in Belgium. Majestic Co. is subject to: Options: O economic exposure. O transaction exposure.

A comprehensive evaluation of the group of businesses a company has diversified into involves: a. evaluating the attractiveness of industries the company has diversified into and the competitive strength of each of its business units. b.

Interior Design Group is an all equity firm that has 40,000 shares of stock outstanding. The company has decided to borrow $1 million to buy out the shares of a deceased stockholder who holds 2,500 shares.