When there few close substitutes available for a good, demand tends to be

a. perfectly inelastic.

b. relatively inelastic.

c. perfectly elastic.

d. relatively elastic?

Rita bought a desktop computer and a laptop computer. Before finance charges, the laptop cost $200 more than the desktop. She paid for the computers using two different financing plans.

Which one of the following functions should be the responsibility of the controller rather than the treasurer? a. Depositing cash receipts b. Processing cost reports c. Analyzing equipment purchases d. Approving credit for a customer e.

One of Modular Products (MP) customers would like to obtain a 6-month option to purchase 500,000 tables for $119 each. These tables currently sell for $110 each. Assume u equals 1.0994 and d equals. 9096.

If a firm has a lot of net cash flow does that mean the firm's balance sheet must be high

In which step of the selling process does a salesperson or company identify qualified potential customers?

During the year, Apex Co. sold an unprofitable component of the company. The component had a net loss from operations during the period of $150,000 and its assets sold at a loss of $100,000.

York's outstanding stock consists of 65,000 shares of noncumulative 7.0% preferred stock with a $5 par value and also 110,000 shares of common stock with a $1 par value.

A group of employees wishes to start a union is that lawful or unlawful explain

Freddi buys bike shoes from Get n' Gear Store, telling the clerk that she wants the shoes tocompete in High Pace Triathlon. The shoes break apart during the competition, causing Freddi to beinjured in a fall.

A company pays its employees $4,200 each Friday, which amounts to $840 per day for the five-day workweek that begins on Monday.