true or false: The decrease in the proportion of income spent on the basic necessities of life has encouraged the demand for more services and accelerated the transition to post industrial society.

The globalization of business and changing demographic trends will present organizations with a tremendously culturally diverse workforce which represents the risk that: A.

Smith Company's inventory cost is $100. The expected sales price is $110, estimated selling costs are $6. The normal gross profit ratio is 20% of selling price. The replacement cost of the inventory is $106.

A consumer's opportunity cost differs from a business's opportunity cost in that it is associated with? A) an item not purchased B) an output not produced C) one factor of production only D) the use of a decision-making grid

You have just turned 22 years old, received your bachelor's degree, and accepted your first job. Now you must decide how much money to put into your retirement plan. The plan works as follows: Every dollar in the plan earns 6.6 % per year.

General Product Inc. distributed 100 million coupons in 2018. The coupons are redeemable for 30 cents each. General anticipates that 70% of the coupons will be redeemed. The coupons expire on December 31, 2019.

Do higher prices lead to increased revenues for a company? a. alwaysb. sometimesc. neverd. only when demand is elastic

You'll notice the trimming machine requires workers to pull two levers at the same time. Although this may appear inconvenient, it ensures that the worker's hands will not be caught in the blades.

Stress Free Realty Co. pays weekly salaries of $12,625 on Monday for a six-day workweek ending the preceding Saturday. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Friday.

Quiz 1. If you maintain a good driving record, your car insurance company may reward you with

The income statement for the Skysong, Inc. for the month ended July 31 shows Service Revenue $16,010, Salaries and Wages Expense $8,410, Maintenance and Repairs Expense $2,510, and Income Tax Expense $1,010.