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Braedon Johnston
BusinessBusiness
Blank is the act of limiting the types of goods and services produced.

Production possibility

Absolute advantage

Competition

Specialization
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Preston Brady
BusinessBusiness
Martin is part of a temporary team that works together to solve a specific problem and then disbands. martin is part of a cross-functional team.

a. True

b. False
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Guest
BusinessBusiness
Managers should 'lead by example'. Provide an example of how managers should do this.
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Guest
BusinessBusiness
28. Considered alone, which of the following would increasea company's current ratio?

a. An increase in net fixed assets.

b. An increase in accrued liabilities.

c. An increase in notes payable.

d. An increasein accounts receivable.

e. An increase in accounts payable.
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Zane
BusinessBusiness
Which of the following journals would a company use to record cash collections from customers, net of discounts taken?

a. General journal. b. Cash receipts journal. c. Cash disbursements journal. d. Purchases journal. e. Sales journal.
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Randy Beasley
BusinessBusiness
A director violates the corporate opportunity doctrine if he or she competes with the corporation, unless the disinterested directors approve of the director's actions.

1. True

2. False
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Dustin Cole
BusinessBusiness
Hardware restoration had net purchases of 50,000. if the purchases returns and allowances are 10,000 and purchases discounts are 15,000 what are the gross purchase
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Kirsten Olsen
BusinessBusiness
Which of the following statements is FALSE?

A. Authority to tap other departments or agencies for staff during an incident may be written into law and tied to an emergency declaration.

B. Hiring policies should be written ahead of time to allow for emergency hiring authority for part - or full-time temporary positions.

C. Mutual aid and assistance arrangements and Memorandums of Understanding (MOUs) cannot be used for supplementing incident staff.

D. One way to supplement regular PIO staff during an incident is to use disaster employees or "on-call" staff with public information expertise.
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Alaina Montgomery
BusinessBusiness
A company reports the following income statement and balance sheet information for the current year: Net income $250,000 Interest expense 100,000 Average total assets 2,500,000 Determine the return on total assets. Round percentage to one decimal place.
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Quinn Avila
BusinessBusiness
Congress and the president decide that the united states should reduce air pollution by reducing its use of gasoline. they impose a $0.50 tax on each gallon of gasoline sold. who should they impose this tax on? consumers producers it doesn't matter if the demand for gasoline were more elastic, this tax would be effective in reducing the quantity of gasoline consumed. true or false: consumers of gasoline are hurt by this tax.

a. True

b. False workers in the oil industry are by this tax.
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Guest
BusinessBusiness
Dave is a plumber who uses the cash method of accounting. This year Dave requested that his clients make their checks payable to his son, Steve. This year Steve received checks in the amount of $109,500 for Dave's plumbing services. Which of the following is a true statement? Dave is taxed on $109,500 of plumbing income this year. Steve is taxed on $109,500 of plumbing income this year. Steve is taxed on $109,500 of income from gifts received this year. Dave may deduct the $109,500 received by Steve. All of these are true
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Caitlin
BusinessBusiness
On March 15, American Eagle declares a quarterly cash dividend of $0.060 per share payable on April 13 to all stockholders of record on March 30. Required: Record American Eagle's declaration and payment of cash dividends for its 223 million shares. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answer in dollars, not in millions (i. e. 5.5 should be entered as 5,500,000).)
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Ryleigh Harmon
BusinessBusiness
Momentum Rollerblades has three product lines: D, E, and F. The following information is available:

D E F

Sales revenue $90,000 $40,000 $30,000

Variable costs (40,000) (10,000) (10,000)

Contribution margin $50,000 $30,000 $20,000

Fixed costs (10,000) (5,000) (25,000)

Operating income (loss) $40,000 $25,000 ($5,000)

The company is deciding whether to drop product line F because it has an operating loss. Assume that $21,000 of total fixed costs could be eliminated by dropping F. What effect would this decision have on operating income?

A. Operating income will decrease by $2000.

B. Operating income will increase by $24,000.

C. Operating income will decrease by $24,000.

D. Operating income will increase by $2000.
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Danica Blackwell
BusinessBusiness
A subdivision of a national culture based around some unifying characteristic such as religion whose members share similar patterns of behavior that are distinct from those of the national culture is the definition of

a. social class

b. subculture

c. a group

d. Familyin general the elderly feel younger than they are older than they are mistreated by merchants

e. threatened by the government
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Abraham Valencia
BusinessBusiness
You have a balance of $4,500 on your credit card. the interest rate is 12% (1% per month). the late payment fee is $40. you miss a payment. what are your fees plus interest for the month?

a. $40

b. $45

c. $65

d. $85
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