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Janiyah
BusinessBusiness
Saturday afternoon you can either attend a street festival, work and earn $100, or study for your midterm exam. You flip a coin between the street festival and studying, but did not really consider working. The coin flip determined that you would stay home and study. The opportunity cost of the time spent studying includes: Multiple Choice 1) the time you spent deciding upon using a coin flip to determine your Saturday afternoon activity 2) the benefit that could have been received at the street festiv 3) earning a high score on your midterm.
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Tommy Glenn
BusinessBusiness
Which of the following is a characteristic of a perfectly competitive market? A. a large number of firms in a market B. selling a standardized product C. no barriers to entry D. all of the above
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Melanie Murillo
BusinessBusiness
From the set $/{1, 2, 3, / dots, 20/},$ ten numbers are chosen at random, forming a subset. Let $M$ be the largest element among the ten numbers. Find the expected value of $M.$
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Webb
BusinessBusiness
Bed Bug Inn has annual sales of $137,000. Earnings before interest and taxes is equal to 5.8 percent of sales. For the period, the firm paid $4,700 in interest. What is the profit margin if the tax rate is 34 percent?-2.43 percent1.56 percent3.33 percent-5.29 percent-6.11 percent
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Skyler Carlson
BusinessBusiness
Timmons Corporation purchases office supplies for $350 cash. How would this transaction be recorded? Multiple Choice Debit Inventory $350, credit Cash $350 Debit Cash $350, credit Inventory $350 Debit Supplies $350, credit Cash $350 Debit Cash $350, credit Supplies $350 Incorrect
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Alani Holland
BusinessBusiness
Beneficiary is one who unintentionally gains a benefit from a contract between other parties
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Talan Brandt
BusinessBusiness
F attempting to cross a busy intersection, pass another vehicle on a 2-way rural roadway, or perform any maneuver that you are not certain of, what should you decide to do?
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Romeo Zuniga
BusinessBusiness
When Coca-Cola saw the growth of the bottled water category, they launched Dasani, its brand of bottled water. Which brand development strategy did Coca-Cola use in launching Disani?

A. New brandB. MultibrandingC. Line extensionD. LicensingE. Brand extension
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Paisley Mccall
BusinessBusiness
Dextra Computing sells merchandise for $6,000 cash on September 30 (cost of merchandise is $3,900). Dextra collects 5% sales tax.

1. Record the entry for the $6,000 sale and its sales tax.

2. Record the entry that shows Dextra sending the sales tax on this sale to the government on October 15.

3. Record the cost of Sept. 30th sales.

4. Record the entry that shows the remittance of the 5% tax on this sale to the state government on October 15.

5. Record the cash sales and 3% sales tax.
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Cherish Lee
BusinessBusiness
When a firm sells a division of the organization, it is utilizing which strategy? A. Divestiture B. Backward integration C. Liquidation D. Horizontal integration E. Retrenchment
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Eden Medina
BusinessBusiness
ABC Company has a beginning Work-in-Process Inventory of 25,000 units (40% complete). During the period, 110,000 units were started and the ending Work-in-Process Inventory consisted of 20,000 units (80%). What are the equivalent units for conversion costs using weighted-average process costing? A. 110,000B. 115,000C. 121,000D. 131,000
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Esmeralda Mathews
BusinessBusiness
Why may a hotel charge such very high prices for wine, soft drinks or even bottled water and yet quite reasonable prices for food and still get away with such high prices
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Rayan
BusinessBusiness
Who must make the determination to cancel an invitation for bids after bid opening? a. Contracting officerb. Chief of the contracting officec. Head of the contracting activityd. Agency head
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Aliyah
BusinessBusiness
ABC Company is trying a new method of employee motivation. Entry-level employees undergo a year of close supervision and bi-weekly coaching sessions that give them the opportunity to ask questions and have their work reviewed by their supervisor. The coach also shows the employee how the individual's work contributes to the goals of the organization. At the end of the first year, they are given new tasks to do that are related to, but not the same as, the tasks they already perform, because of the close supervision and coaching they received the first year, they are expected to be able to accomplish the new tasks without supervision but may ask for additional coaching if they feel it is needed to perform well. At the end of the third year they are given new tasks and have the option of taking two college classes a semester paid for by the employer. The classes must be related to their job. What type of motivation technique is ABC Company using?
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Kismet
BusinessBusiness
The long-run supply curve would be perfectly elastic when
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