Advertising, fashion trends, and new product introductions serve to

a. create consumer needs.

c. create consumer demand.

b. increase income effectiveness.

d. minimize the income effect.

Kela Corporation reports a net income of $450,000 that includes a depreciation expense of $70,000. Also, cash of $50,000 was borrowed on a 5-year note payable. Based on this data, the total cash inflows from operating activities are: a. $380,000. b.

Percy consumes cakes and ale. His demand function for cakes is qc = m - 30pc + 20pa, where pa is the price of ale, and pc is the price of cakes, and qc is his consumption of cakes. Percy's income is $100, and the price of ale is $1 per unit.

Direct cost is 6.00, labor cost is 3.50 variable manufacturing cost is 1.50 fixed manufacturing overhead is 4.0, fixed administrative expense is 2.00 sale commission is 1.00 variable administrative expense is 0.

Flipco signed a 15 -year note payable on January 1, 2018 , of $900,000. The note requires annual principal payments each December 31 of 60,000 plus interest at 10 %. The entry to record the annual payment on December 31, 2022 , includesA.

Lara is buying a home for $360,000. She is making a 10% down payment and financing the rest with a 30-year loan at 6% interest. What will her total payment for the home be? Round your answer to the nearest dollar.

Which type of business is best for Juanita to start? A corporation, because she needs a large investment to get started a sole proprietorship, because she will work alone from home a franchise, because many others will want to start the same

The essential requirement for different businesses to be related is that A. E) the production methods that they employ both entail economies of scale. B. B) the products of the different businesses are bought by much the same types of buyers. C.

Which of the following statement best describes the difference between a trade surplus and a trade deficit?. A. A trade surplus is when a country exports more than it imports, while a trade deficit happens when imports exceed exports. B.

A buyer and seller have entered into a contract for sale of a duplex. the buter defaults on the contract and the seller claims the escrow deposit per contractual agreement. What term applies to this situation?

Daniel owns a small business that he is considering selling. he contracts with blair, a business attorney, to provide him with legal advice on the sale of his business. daniel's contract with blair is governed by