Sales mix is a measure of the percentage increase in sales from period to period.

a. True

b. False

Since air pollution creates a negative externality, a. social welfare is optimal when all air pollution is eliminated. b. governments should encourage private firms to consider only private costs. c. the free market result maximizes social welfare.

When a government collect more revenue in one year than it spends there is a budge

The bond market requires a return of 9.8 percent on the 5-year bonds issued by JW Industries. The 9.8 percent is referred to as the: Multiple Choice call rate. yield to maturity. face rate. coupon rate. current yield.

Why might lawmakers increase taxes and decrease government spending? A. to reduce unemployment B. to increase consumer spending C. to decrease the level of demand D. to encourage corporate spending

Write a memo to management detailing the various classification of cost and provide two reasons why it is important to classify cost

A consulting firm has a predetermined overhead rate of $120 per labor hour. The Smith job required 5 hours to compete. The overhead cost applied to this job is $

Loren and Kendra enter into a contract for the distribution of Loren's produce to local restaurants for which he agrees to pay Kendra. Kendra transfers her right to payment under the contract to County Bank. This transfer is a. an alienation b.

Clara, at age 47, decided to adopt a child on her own because she tired of waiting around for "mr. Right" to come along. She decided to move on with her life. Clara is an example of a (n) :

Sandusky Company borrowed $28,000 from the Lakeside Bank by issuing a 10% three-year installment note. Sandusky agreed to repay the principal and interest by making annual payments in the amount of $11,259.21.

Some discount stores put products in large bins and let consumers hunt and find bargains. The price these consumers pay includes: a. the time the product was full price and didn't sell b. the value of their time and energy c.