Whistle works sells each whistle for $12. They have a desired ending inventory for production of 20% of the next months budgeted sales in units. How many units does whistle works need to produce in November?

True or false: Promissory notes is a legal document a student loan borrower must sign promising to pay back a loan?

A consumer has two basic choices: rent a DVD movie for $4.00 and spend 2 hours watching it, or spend $13 for a miniature golf game that takes 1 hour.

The following integrated series of questions relates to several sections in the text. Scenario 2: Suppose a stream is discovered whose water has remarkable healing powers. You decide to bottle the liquid and sell it.

Which of the following entries records the receipt of cash from clients on account? a. Accounts Receivable, debit; Fees Earned, credit b. Accounts Receivable, debit; Cash, credit c. Cash, debit; Accounts Receivable, credit d.

When adam smith's ten pin workers specialized, they were able to increase the output of pins in a day from 200 to 48,000. one reason for the increase in pin production was due to a. the bonus they received when they produced more pins. b.

A truck costing $110,000 was destroyed when its engine caught fire. At the date of the fire, the accumulated depreciation on the truck was $50,000. An insurance check for $125,000 was received based on the replacement cost of the truck.

Don contracts with mark to paint his house for $5,000 by the end of april. if the terms of their contract are clear and unambiguous, but a dispute arises, a court may not consider extrinsic evidence - any evidence not contained in the contract

Suppose a monopolist discovers a way to perfectly price-discriminate. Under this scenario, consumer surplus is. What are the efficiency costs (deadweight loss) ?.

What is the policy that allows business to operate with little or no government interference?

Suppose a country is in the midst of an economic boom and is running large budget surpluses. The prime minister suggests that due to the good economic conditions, the time is ripe for a large tax cut.