A business in which the owners have little personal responsibility for the company's debts and actions is called a

a. sole proprietorship.

b. partnership.

c. limited liability company.

d. franchise.

If government revenues in 2011 were $2.2 trillion and government outlays were $3.8 trillion, the federal: Choose one: A. debt increased $1.6 trillion. B. budget was balanced. C. debt decreased $1.6 trillion. D. debt was unaffected in that year. E.

The market value of which of the items would be considered double (or multiple) counting in the calculation of GDP? A. a used skateboard you buy for your brother B. the commission paid to the seller of a previously owned collectors skateboard C.

During the month of April, direct labor cost totaled $15,000 and direct labor cost was 30% of prime cost. If total manufacturing costs during April were $79,000, the manufacturing overhead was: Multiple Choice $35,000 $29,000 $50,000 $129,000

An investment will pay $202,000 at the end of next year for an investment of $182,000 at the start of the year. If the market interest rate is 7.9% over the same period, should this investment be made

Which best describes what a subsidy does? It keeps the price of domestic goods relatively low, It raises the price of imported goods, It limits the import of foreign goods, It eliminates all taxes on domestic goods,

The last stage of the new-product development process is

Divided Fantastic Frames sells its frames for $15 per unit. Variable costs total $6 per unit, and fixed costs total $90,000. If Fantastic Frames increases sales by

A trade show is usually focused on what? a. an employer b. an industry c. a school d. a craft

The Harrisburg Store has net working capital of $2,715, net fixed assets of $22,407, sales of $31,350, and current liabilities of $3,908. How many dollars' worth of sales are generated from every $1 in total assets

Select all maintenance procedures that may be performed in an office. update software replace printer cartridges clean copy machines install virus-protection software print copies to be distributed at a meeting