State the usefulness of correction signs.

Two years ago, Bethel, Inc. bought $47,500 in bonds from another company. This month, it sold half of those bonds for $22,040 and purchased the common stock of another company for $1,700.

As an oversight board, the Public Company Accounting Oversight Board (PCAOB) was charged with maintaining compliance with established standards and enforcing rules and disciplinary procedures for those organizations that found themselves out of

Our society is increasingly becoming more diverse. Discuss how this affects you as an individual, an organization, and society as a whole-the benefits and the challenges.

Market failure is a situation in which A. the market does not provide the ideal or optimal amount of a particular good. B. prices are too high for "average" people to buy necessities. C. there are too many buyers but not enough sellers. D.

The ACC Tutoring Service provides tutoring to accounting students. The volume of tutoring is low at the beginning of the semester and increases before exams.

A firm has hired you as a consultant. This firm is perfectly competitive and has no control over price. This firm is selling 10,000 units at a price of $2. Total costs are $30,000. Total variable costs are $25,000.

Stock in 1999 your parents bought $3000 worth of stock. in 2000 the value of the stock jumped to $6000. however since that time, the stock has decreased in value by 6.5% per year.

True or False: When a country is too small to affect the world price, allowing free trade will have a non-negative effect on total surplus in that country, regardless of whether it imports or exports as a result of international trade. True False

Assume Canada can either produce three bushels of barley or six bushels of hay in a set period of time, and China can produce either two bushels of barley or three bushels of hay in a set period of time.

The financial statements for Harold Corporation contained the following information: Accounts receivable $ 5,000 Sales revenue 75,000 Cash 15,000 Salaries and wages expense 20,000 Rent expense 10,000 How much was Harold's net income?