if the minimum wage rate is higher than the equilibrium wage rate, fewer people will be hired because the cost of labor is too high:" Do you agree or desagree? explain your answer

When you were born, your parents opened an investment account in your name and deposited $1,500 into the account. the account has earned an average annual rate of return of 5.3percent. today, the account is valued at $42,856. how old are you?

According to the FASB conceptual framework, certain assets are reported in financial statements at the amount of cash or its equivalent that would have to be paid if the same or equivalent assets were acquired currently.

What is the weighted average cost of capital for a corporation that finances an expansion project using 35% retained earnings and the rest as debt capital

Identify the financial instruments based on the following descriptions. (a) Backed by the U. S. government, these financial instruments are short-term debt obligations with a maturity of less than one year. They are considered risk-free investments.

Last year, Buckner & Jones Company incurred the following costs: Direct materials $42,000 Direct labor 63,000 Manufacturing overhead 94,500 Selling expenses 25,200 Administrative expenses 23,100 Buckner & Jones produced and sold 2,060 units at a

Which phrase defines complementary goods

If a company's current assets increase, what might we assume about their inventory levels? a) It increasedb) It decreasedc) It stayed the samed) We don't have enough information to decide

What is the effect of import restrictions on prices? a. they cause prices to drop. b. they cause prices to rise. c. they often cause prices to rise steeply and then drop. d. they usually do not have any lasting effect on price?

Joan is a manufacturing engineer who works on a new product development team along with members from design, engineering, production, purchasing, finance, marketing, and quality assurance.

Which are costs subtracted from in calculating profit? revenue wages overhead debt