Matt wants to take out a simple interest loan on a car priced at $14,289. the interest rate is 3.5% for 5 years. how much will he pay in interest during the term of the loan?

If a firm decided to reevaluate and reorganize the way it did business, in hopes of creating competitive advantage, by changing or decreasing jobs, the company would be using which of the following management techniques? A. The value chain. B.

Based on the definition of specialization and comparative advantage, what area in the world could be said to have a comparative advantage in oil production?

When producers receive a subsidy, sellers receive a: a. lower price than the pre-subsidy equilibrium, and buyers pay a higher one. b. lower price than the pre-subsidy equilibrium, and buyers pay a lower one. c.

Which of the following statements about new product development strategy is correct? A. New products are not a major source of growth for companies. B. Good advertising creates successful new products. C.

A new shampoo advertisement on television identifies all of the wonderful benefits the consumer will enjoy when using one company's shampoo as opposed to another company's shampoo.

Which of the following is considered a period cost? A. Depreciation on plant equipment B. Selling expenses C. Direct labor incurred D. Direct materials

The first step of the accounting cycle is to a. record journal entries. b. post to the ledger. c. prepare a trial balance. d. analyze business transaction

Withdrawal of Partner Lane Stevens is to retire from the partnership of Stevens and Associates as of March 31, the end of the current fiscal year.

If you use credit, what are you creating?

How much (if any) does each of the following transactions raise GDP? 1. The Jones family sells its old house to the Reynolds family for $130,000. 2. The Jones family then buys a newly constructed house from a builder for $175,000.