Which of the following is measured by utility? A. The satisfaction a person gets from consumption. B. The cost of adding a single unit of something. C. The most efficient way of organizing production. D. The difference between revenue and costs.

Which of the following actions might be part of a protectionist economic policy? a. reducing barriers to trade b. signing free trade agreements c. cutting tariffs on imported goods d. establishing quotas on imports

On September 30, Valerian Co. had a $110,000 balance in Accounts Receivable. During October, the company collected $110,390 from its credit customers. The October 31 balance in Accounts Receivable was $104,000.

We see quite a bit of international trade in the real world. And trade is driven by specialization. So why don't we see full specialization-for instance, all cars ion the world being made in South Korea, or all mobile phones in the world being made

Alaska Mining Co. acquired mineral rights for $37,878,000. The mineral deposit is estimated at 21,400,000 tons. During the current year, 2,150,000 tons were mined and solda. Determine the amount of depletion expense for the current year.

Two drivers-Brian and Crystal-each drive up to a gas station. Before looking at the price, each places an order. Brian says, "I'd like 10 gallons of gas." Crystal says, "I'd like $10 worth of gas.

Your firm has $500 million of investor-supplied capital, its return on investors' capital (ROIC) is 15%, and it currently has no debt in its capital structure (i. e., wd = 0).

Diseconomies of scale imply that the average total cost curve is downward-sloping in the long run. a. True b. False

Henrich is a single taxpayer. In 2019, his taxable income is $455,000. What is his income tax and net investment income tax liability in each of the following alternative scenarios?

When a company buys equipment for $150,000 and pays for one third in cash and the other two thirds is financed by a note payable, which of the following are the effects on the accounting equation? A. Total assets decrease $50,000. B.

Park Corporation issued 10-year bonds with a face value of $10,000,000. The face rate of interest on the bonds was 8%, and Park agreed to make semiannual payments. The market rate of interest at the time the bonds were issued was 6%.