Which of the following BEST defines the U. S. economic system?

A.

Planned economy

B.

Mixed market economy

C.

Communism

D.

Socialism

E.

Pure market economy

In a limited liability partnership, each partner's risk of losing personal assets is: A. Unlimited. B. Limited to losses that result from his/her own acts and omissions and the acts and omissions of those who work under his/her supervision. C.

Year-to-date, Yum Brands had earned a 3.80 percent return. During the same time period, Raytheon earned 4.26 percent and Coca-Cola earned - 0.46 percent.

Read the statements and determine whether or not each character is using marginal analysis to make economic decisions. Answers can be used more than once.

It takes K's Boutique an average of 53 days to sell its inventory and an average of 16.8 days to collect its accounts receivable. The firm has sales of $942,300 and costs of goods sold of $692,800.

Kaitlin has $10,000 of savings that she may deposit with her local bank. Kaitlin wants to earn a real rate of return of at least 4 percent and she is expecting inflation to be exactly 3 percent.

How are issues such as customer theft and spoilage addressed at year-end?

A fixed cost: Does not change with changes in the volume of activity within the relevant range. Requires the future outlay of cash and is relevant for future decision making. Is irrelevant for managers' decision making.

You are working in the dining room as a host/hostess. There is a dirty table, there are no ketchup packets available for the guests because they need to be refilled, and there is a spill on the floor. What do you do, in what order, and why?

Pretzelmania, Inc., issues 7%, 10-year bonds with a face amount of $70,000 for $70,000 on January 1, 2021. The market interest rate for bonds of similar risk and maturity is 7%. Interest is paid semiannually on June 30 and December 31.

Who is following the law when it comes to protecting investors' funds? a financial planner who pitches a risk-free stock a mutual fund advisor who informs investors about risks a broker who sells CDs from nonfinancial institutions a realtor who