Which of the following choices is a characteristic of a free-market economy?

A) individual choice

B) centralized planning

C) government influence in the private sector

D) community ownership of resources

On January 1, Anthony Corporation issued $1,000,000, 13%, 5-year bonds. The bonds sold for $1,100,596. This price resulted in an effective interest rate of 14% on the bonds. Interest is payable annually on January 1.

Scotts fertilizer has a 4-step program for lawn care. each step features a different product. scotts sells the fertilizer as a set containing one bag of each of the 4-step products.

If there is a great demand for a product, the production for that product will increase Decrease stay the same

The federal debt can fluctuate from year to year based on the annual deficits and surpluses. Assume that a deficit is represented as a negative number whereas a surplus is represented as a positive number.

Company A makes canned tomatoes. The plant operates around the clock and has a long conveyor belt to take the tomatoes from receiving through processing and packaging.

An airline company is interested in the opinions of their frequent flyer customers about their proposed new routes. Specifically, they want to know what proportion of them plan to use one of their new hubs in the next 10 months.

Taylor Bank lends Guarantee Company $92,811 on January 1. Guarantee Company signs a $92,811, 12%, nine-month note. The entry made by Guarantee Company on January 1 to record the proceeds and issuance of the note is

Why is it important to know the interest rate on your credit card? a) The higher the interest rate, the more money you will be paying back b) The higher the interest rate, the less money you will be paying back c) The lower the interest rate, the

It is appropriate to use the fixed assets turnover ratio to appraise firms' effectiveness in managing their fixed assets if and only all the firms being compared have the same proportion of fixed assets to total assets. a) trueb) false

Which of the following actions differentiates an entrepreneur from other small business owners?