This government agency makes certain that medicines and cosmetic products are not harmful to consumers.

a. Better Business Bureau

b. Consumer Product Safety Commission

c. Food and Drug Administration

d. U. S. Department of Agriculture

The force that leads to zero economic profits for monopolistically competitive firms in the long run is a. excess capacity. b. price wars among firms. c. entry by new firms. d. excessive advertising.

The U. S. Treasury bill is yielding 3.0 percent and the market has an expected return of 11.6 percent. What is the Treynor ratio of a portfolio that has a beta of 1.02, and a standard deviation of 12.2 percent?

Do Fixed Costs also include depreciation?

A sole priorietorship is a business that is owned by a number of people? True or false?

On February 10, Year 1, Ace Corp., a calendar-year corporation, elected S corporation status and all shareholders consented to the election. There was no change in shareholders in Year 1.

Packer Co.'s year 5 income statement reported $130,000 in income before provisions for income taxes. To compute the provision for federal income taxes, the following year 5 data are provided: Rent received in advance $22,000 Income from exempt

What is accounting theory

Most companies receiving a claim message tend to a. ignore the first phone call, e-mail, or letter. b. respond only to letters containing complaints that could result in lawsuits or financial harm. c.

The demand curve of a monopolistically competitive firm A. is perfectly elastic. B. is horizontal because the firm must cut its price to sell more. C. is downwardminus-sloping because it sells an identical product. D.

Scott Company had sales of $12,050,000 and related cost of goods sold of $7,100,000 for the year ending December 31, 20Y8. Scott provides customers a refund for any returned or damaged merchandise.