When tax revenue is higher than government expenditures, the government incurs a:?

What is the diference between a conflict based on a power struggle and a conflict based on a personality difference?

ABC Corporation has declared a rights offering to stockholders of record on Friday, December 10th. Under the offer, shareholders need 10 rights to subscribe to 1 new share at a price of $19.

Cutter enterprises purchased equipment for $72,000 on january 1, 2013. the equipment is expected to have a five-year life and a residual value of $6,000. using the straight-line method, the book value at december 31, 2013, would be

Noland Company manufactures two models of its banjo, the Basic and the Luxury. The Basic model requires 10000 direct labor hours and the Luxury requires 30000 direct labor hours.

A billionaire offers to give you $5 billion if you will count out the amount in $1 bills or a lump sum of $5000.

A letter from Coulton Engineering Company dated September 12 is to be filed in the Coulton file. How should you arrange it in that file? A. Alphabetically B. By date with the latest date in the back of the folder C.

The owner of Firewood To Go is considering buying a hydraulic wood splitter which sells for $50,000. He figures it will cost an additional $100 per cord to purchase and split wood with this machine, while he can sell each cord of split wood for $125.

If the Golden Braid Bookstore has a current (or working capital) ratio of 8.25:1, $40,000 in accounts receivable, $340,000 in cash, $65,000 in accounts payable and $15,000 in other current liabilities, how much inventory do they have?

The Book Division of Tandem books manufactures and sells paper back books for $9.60 per book. Its unit variable costs and unit fixed costs are $0.24 and $0.09, respectively. The Sunset Division wants to purchase 50,000 special edition hardback books.

When closing entries are made: Multiple Choice: a) All asset accounts are closed but liability accounts are not closed. b) All permanent accounts are closed but temporary accounts are not closed. c) All balance sheet accounts are closed.