If supply is price-inelastic and demand is price-elastic, then the firm can earn positive profits by increasing the price.

a. True

b. False

If the nominal interest rate is 8% and the risk-free rate is 3%, the expected inflation rate must be:

Bill is a construction worker who was laid off because the market for new homes has been adversely affected in the recession. bill's unemployment experience is referred to

The listing agent received a full price offer that she faxed to the out-of-town seller. The seller signed the faxed copy, and faxed the signed copy back to the listing agent. The agent faxed the signed offer to the buyer's agent.

How Business organisations manage the changing environment

What is the greatest common factor of 72 and 90

Re-Up Enterprises has sales of $926,355, costs of goods sold of $613,500, inventory of $189,880, and accounts receivable of $78,580. How many days, on average, does it take the firm to sell its inventory assuming that all sales are on credit?

Which of the following is one of the main things to consider when evaluating a business opportunity?

Analyzing Accounts Receivable Changes The comparative balance sheets of Sloan Company reveal that accounts receivable (before deducting allowances) increased by $15,000 in 2013.

The balance in the Accounts Receivable account decreased from $18,000 at the beginning of the month to $15,000 at the end of the month. Sales on account during the month totaled $130,000.

A firm is considering a replacement project which requires the initial outlay of $300,000 which includes both an after-tax salvage from the old asset of $12,000 and an additional working capital investment of $8,000.