Increasing opportunity costs occur along the ppf because:

The time period assumption: a. Means that we can express transactions and events in monetary, or money, units. b. Means that a business is accounted for separately from other business entities, including its owners. c.

In the LMN partnership, Lynn's capital is $60,000, Marty's is $80,000, and Nancy's is $70,000. They share income in a 4:3:3 ratio, respectively. Nancy is retiring from the partnership. Each of the following questions is independent of the others.

The Federal Deposit Insurance Corporation (FDIC) insures deposits up to $250,000 in.

Chris purchased a call option on Nov 18 th 2016 for $500. The Option gave him the right to buy 100 shares of Vectron stocks for $45 per share. He sold option for $550 on Dec 15 th 2017 when the price of the stock was $48 a share.

Explorer Supplies, Inc. had sales of $120,000 in Year 1. Explorer warrants its products and estimates warranty expense to be 3% of sales. Which of the following journal entries would be required to recognize the year-end warranty obligation?

A new small business, Underwater Wildlife, has opened to sell tours of underwater sites around the country and in South America.

If you can't identify the author of a document on the Internet, your textbook recommends that you a. look up the year the document was published. b. bookmark the document and return to it later. c.

Rachel is the sole member of an LLC, and Jordan is the sole shareholder of a C corporation. Both businesses were started in the current year, and each business has a long-term capital gain of $10,000 for the year.

Manufacturers usually classify inventory into all the following general categories except: a. work in process b. finished goods c. merchandise inventory d. raw materials

Perfume manufacturing: what is the best method for transporting volatile liquids?