How is value added different from profit

A progressive tax is such that 1. tax rates are higher the greater one's income. 2. the same tax rate applies to all income receivers, so that the rich pay absolutely more taxes than the poor. 3. entrepreneurial income is exempt from taxation. 4.

When goods are produced at the lowest possible cost, an economy is said to have achieved:?

Joshua Scott invests $40,000 into his new business. How would this transaction be entered in the journal in good form? a. Joshua Scott, Loan40,000 Cash40,000 Invested cash in business. b.

If a business using the specific identification method of inventory has two items on hand at $300 each and purchases four items at $400 each, what is the value of inventory if two of the $300 items are sold

Which of the following ways of investing/saving is the most liquid? A. Federal bond B. Real estate C. Certificate of deposit D. Savings account

What would the production components be for the input, conversion and output for opening a summer band camp?

When the price of a product is increased 10 percent, the quantity demanded decreases 15 percent. The price-elasticity of demand coefficient for this product is

Which of the following would be a closed question? What interests you about this job? Why did you decide to change career fields? Where do you see yourself in five years? When did you move here?

Hutchinson Corporation has zero debt - it is financed only with common equity. Its total assets are $330,000.

A customer owns 210 shares of ABC common stock. ABC declares a rights offering, with the terms being that for every 20 rights tendered, a shareholder may purchase one additional share at $20 per share.