Finished goods that have not yet shipped to

customers are called what?

A. management

B. products

C. inventory

Trumbull Corporation budgeted sales on account of $120,000 for July, $211,000 for August, and $198,000 for September.

A firm's profit function is pi (q) = R (q) = C (q) = 40q - (110 + 20q + 10q^2). What is the positive output level that maximizes the firm's profit (or minimizes its loss) ? What is the firm's revenue, variable cost, and profit?

If an economy is in a steady-state with no population growth or technological change and the capital stock is above the Golden Rule level and the saving rate falls: a.

The difference between fiscal policy and supply side economics is: a. fiscal policy focuses on government expenditures while supply side economics focuses on business investment expenditures. b.

Which of the following should not be included in accumulated other comprehensive income? Select one: A. Minimum pension liability B. Currency translation adjustment C. Gains and losses on derivatives and hedges D.

What is the difference between a business cycle and the day-to-day ups and downs of the stock market?

A DVD player that was originally priced at $399.95 and cost $215 is ultimately sold for $349.95. What were the reduction percentage and the maintained markup percentage on this DVD player?

To what phase of the employment cycle does training belong? ...

For a given product demand, the regression equation is 53 - 4x. The negative sign on the slope of the equation: A) is a mathematical impossibility. B) is an indication that the forecast is biased, with forecast values lower than actual values.

For most firms, the major difference between accounting profit and economic profit is that a. accounting profit omits the salaries of managers, and therefore, it is generally greater than economic profit. b.