Which describes the economic role played by a consumer?

creates goods and services

invents new technology

provides goods and services

uses goods and services

Kyle uses a spreadsheet to keep track of his spending. this is an example of kyle's spreadsheet for two months:

Sheboygan Co. purchased a new vehicle at a cost of $42,000 on July 1. The vehicle is estimated to have a useful life of 6 years and a salvage value of $3,000. The company uses the straight-line method of depreciation.

If you were told your score was in the first percentile and the median score for the test was 85%, which of the following assumptions could you make about your score? a. Your score was 85%. b. Your score was 75%. c. Your score was less than 85%. d.

Slovac Company purchased a machine that has an estimated useful life of eight years for $7,500. Its salvage value is estimated at $500.

A power of sale clause is required for?

EarthWear's income before taxes is $36 million (rounded). Assume that the auditors have decided that 5 percent of this benchmark is appropriate for planning materiality and allocate 50 percent of it as tolerable misstatement. b.

Madison Corporation's production cycle starts in the Processing Department. The following information is available for April: Units Work-in-process, April 1 (25% complete) 58,000 Total units in process during April298,000 Work-in-process, April 30

A company borrowed $10,000 from the bank at 5% interest. The loan has been outstanding for 45 days. Demonstrate the required adjusting entry for this company by completing the following sentence.

Haven Company uses the percentage of sales method for recording bad debts expense. For the year, cash sales are $600,000 and credit sales are $2,200,000. Management estimates that 1% is the sales percentage to use.

Training provides opportunities for employees to develop the job-specific skills, experience, and knowledge they need to do their jobs or improve their performance.