Economic systems must answer the three economic questions because resources are scarce.

a. True

b. False

The standard that uses economic, environmental, and social performance indicators that are based on GRI standards is called the: A. triple bottom line. B. social audit. C. business model. D. value chain

Has two products. financial data for both the products follow: le cadre la bougie units sold 2,200 units 600 units sales price per unit $500 $1,200 variable manufacturing cost per unit 320 750 sales commission (% of sales) 7% 4% verge has two sales

Investor pete specializes in obtaining properties from investors in financial difficulty, what investment strategy does pete practice? 1. Arbitrage 2. Special situation 3. Opportunistic 4. Development

Indicate whether each of the following cost of an automobile manufacturer would be classified as direct materials, direct labor, or manufacturing overhead.

What is the purpose of federal antitrust laws? to raise revenue for government programs to preserve competition among business firms to protect domestic firms from foreign competition to provide services to the general public

How is solving the problem of organizing protistan diversity a model for understanding the process of science?

Shelly is looking at the life insurance policies listed in the table below. Which insurance company provides the most coverage per dollar of premium?

For a manufacturing firm, cost of goods available for sale is computed by adding the beginning finished goods inventory to

Judy is a cash basis attorney. This year, she performed services in connection with the formation of a corporation and received stock with a value of $4,000 for her services. By the end of the year, the value of the stock had decreased to $2,000.

Compute the average days in inventory ratio using the following information: Net sales is $200,000 for the year, cost of goods sold are $80,000, last year's total assets were $900,000, and this year's total assets are $1,100,000.