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A manufacturing company has a beginning finished goods inventory of $28,800, cost of goods manufactured of $59,000, and an ending finished goods inventory of $28,100. The cost of goods sold for this company is

Which of the following would be most likely to result from destruction of half of the Florida orange crop due to a hard freeze? a. an increase in the price of oranges b. a decrease in the demand for oranges c. an increase in the supply of oranges d.

According to the new growth theory a. preventing imports is an important technique that governments can follow to generate greater domestic economic growth. b. patents should be revoked so that all can share the benefits of new technology. c.

Lupé made a down payment of $9000 toward the purchase of a new car. To pay the balance of the purchase price, she has secured a loan from her bank at the rate of 6%/year compounded monthly.

Imagine that the state legislature raises the tax on gasoline by 10 cents/gallon. What most likely happens next? a. Service station operators grumble, but pay the tax without passing the cost along to you. b.

Miller Company has a subsidiary located in Saudi Arabia. In order to reduce economic exposure, Miller restructured its operations and increased supply order in Saudi Arabia.

It would be faster for a human resource manager to use a (an) (blank) to alert employees about a company picnic.

Why do economists use models? a. Models are used to add complexity to a simple world. b. Models allow us to study a simplified version of a complex world. c. Models allow us to control exogenous factors. d. Models make the world harder to understand.

On January 1, Wei company begins the accounting period with a $45,000 credit balance in allowance for doubtful accounts. a. On February 1, the company determined that $9,800 in customer accounts was uncollectible; specifically, $2,400 for Oakley Co.

Accounts are classified in the ledger a. alphabetically b. chronologically c. so that accounts used most often are listed first d. in accordance with their appearance in the financial statements