Nick bought a music player. The price was $172, and the sales tax rate was 7 percent. How much sales tax did Nick pay when he bought the music player?. A. $7.20. B. $12.04. C. $12.45

Tondre Inc. has provided the following data for the month of July: Direct materials $34,000 Direct labor cost $52,000 Manufacturing overhead cost incurred $72,000 Manufacturing overhead cost applied to Work in Process $74,000 In addition, the

Max has set a goal to create an emergency fund. he determined that his monthly expenses total $1,525. based on recommendations, how much should max save for his emergency fund?

Which of the following is not true of ordinary repairs? a. They primarily benefit the current accounting period. b. They can be referred to as revenue expenditures. c. They maintain the expected productive life of the asset. d.

Assume the XYZ Corporation is producing 20 units of output. It is selling this output in a purely competitive market at $10 per unit. Its total fixed costs are $100 and its average variable cost is $3 at 20 units of output. This corporation: A.

In case of emergence of a disruptive technology, established companies should: a. reduce costs on research and development activities. b. acquire newly emerging companies that are pioneering potentially disruptive technologies. c.

Natasha has $1000 to open a checking account. She can maintain a monthly balance of $600. She also has a savings account at the same bank. Her employer offers direct deposit and she plans to use online bill paying.

Ortega Company manufactures computer hard drives. The market for hard drives is very competitive. The current market price for a computer hard drive is $42. Ortega would like a profit of $12 per drive.

Fact Pattern: Conner purchased 300 shares of Zinco stock for $30,000 in 1994. On May 23, 2013, Conner sold all the stock to his daughter Alice for $20,000, its fair market value at the time. Conner realized no other gain or loss during 2013.

When authority is concentrated at the top level of management, the organization is said to be decentralized. a. true b. false?

On September 1, Advantage Maintenance Company contracted to provide monthly maintenance services for the next five months at a rate of $3,000 per month. The client paid Advantage $15,000 on September 1. The maintenance services began on that date.