When private ownership of a resource is clearly defined and enforced, the private owner?

On May 10, Sheffield Corp. issues 2,500 shares of $5 par value common stock for cash at $12 per share. Journalize the issuance of the stock. (Credit account titles are automatically indented when amount is entered. Do not indent manually.

If a country has an absolute advantage in producing a good, it definitely also has a comparative advantage in producing that good. an absolute advantage in producing a good, it might or might not have a comparative advantage in producing that good.

Which of the following statements is true? (A) Both appropriations and restrictions of retained earnings require journal entries.

Andy took out an unsubsidized student loan of $11,000 at a 7.2% APR, compounded monthly, to pay for his last two semesters of college. If he will begin paying off the loan in 15 months, how much will he owe when he begins making payments?

In the solow growth model, a nation reaches its steady state equilibrium when

Tri-bikes manufactures two different levels of bicycles: the Standard and the Extreme. The total overhead of $300,000 has traditionally been allocated by direct labor hours, with 150,000 hours for the Standard and 50,000 hours for the Extreme.

You appreciate that consumers are hesitant to purchase spa services that they cannot evaluate before consumption. What is the best strategy to address the intangibility of spa services?

As long as the information reported follows the generally accepted accounting principles (GAAP) guidelines, accountants in a firm have the liberty to use personal judgment to report transactions in the firm's financial statements. True/False?

S is close to retiring and would like to purchase a policy that will yield greater gains than bonds, but will still protect the principal with a minimum level or risk. which product would s be advised to purchase?

Which two actions should you take during an informational interview? Tell the interviewer that you would be willing to take any job an employer offers to you.? Encourage the interviewer to do most of the talking during the interview.