Master Business with Fun Quizzes & Brain Teasers!

The two markets found in the simple circular flow model are
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Which method of debt reduction saves you the most money in interest? a. debt rollover method b. paying off highest interest rate debt first c. debt snowball method d. paying off lowest interest rate debt first please select the best answer from the choices provided a b c d
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Suppose a country has an overall balance of trade so that exports of goods and services equal imports of goods and services. Does that imply that the country has balanced trade with each of its trading partners
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Us-mobile manufactures and sells two products, tablet computers (80% of sales) and smartphones (20% of sales). fixed costs are $600,000, and the weighted-average contribution margin per unit is $75. how many units of each product are sold at the break-even point
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Alex works doing oil changes and is sick and tired of rude customers. alex decides to purposely use the wrong type of oil for the next rude customer knowing that it will harm the customer's engine in the long run but won't be traceable or noticed immediately. alex is considering sabotaging the next rude customer's care, a form of a. task performance. b. counterproductive work behavior. c. disengagement. d. organizational citizenship behavior.
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The conventional wisdom is that most of the natural rate of unemployment in the united states is due to
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Under a progressive income tax, who would pay the largest proportion of her income in taxes
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Carol garcia deposited $22,000 in an account paying interest of 15% compounded annually. what amount will be in the account at the end of 13 years?
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A company is considering the purchase of new equipment for $84,000. The projected annual net cash flows are $33,300. The machine has a useful life of 3 years and no salvage value. Management of the company requires a 9% return on investment. The present value of an annuity of $1 for various periods follows: PeriodPresent value of an annuity of $1 at 9. 917421. 759132. 5313 What is the net present value of this machine assuming all cash flows occur at year-end
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Susan quit her job as a teacher, which paid her $36,000 per year, in order to start her own catering business. she spent $12,000 of her savings, which had been earning 10 percent interest per year, on equipment for her business. she also borrowed $12,000 from her bank at 10 percent interest, which she also spent on equipment. for the past several months she has spent $1,000 per month on ingredients and other variable costs. also for the past several months she has earned $4,500 in monthly revenue. in the short run, susan should
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Companies use the cycle to evaluate and improve performance.
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What is the financial habit youve chosen? why do you want to change this habit?
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Unstable export markets, worsening terms of trade, and limited access to the markets in advanced countries are just a few of the problems that have plagued developing nations in africa, asia, latin america, and the middle east. for example, developing countries have worsening terms of trade because of _________________--. developing nations have formed international commodity agreements (icas) between leading producing and consuming nations of commodities. to promote stability in commodity markets, icas have relied on production and export controls, buffer stocks, and multilateral contracts. for example, setting a minimum price for importers may help to ____________.
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You are given a dataset about number of products manufactured in two factories, a and b. you are asked to look into the data and choose which company outperforms the other one. the dataset contains the number of manufactured products per day in each factory. your data contains year of information. what approach will you select? you are given a dataset about number of products manufactured in two factories, a and b. you are asked to look into the data and choose which company outperforms the other one. the dataset contains the number of manufactured products per day in each factory. your data contains year of information. what approach will you select?
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On January 1, 2019, Caswell Company signs a 10-year cancelable (at the option of either party) agreement to lease a storage building from Wake Company. The following information pertains to this lease agreement: 1. The agreement requires rental payments of $100,000 at the beginning of each year. 2. The cost and fair value of the building on January 1, 2019, is $2 million. The storage building has not been specialized for Caswell. 3. The building has an estimated economic life of 50 years, with no residual value. Caswell depreciates similar buildings according to the straight-line method. 4. The lease does not contain a renewable option clause. At the termination of the lease, the building reverts to the lessor. 5. Caswells incremental borrowing rate is 14% per year. Wake set the annual rental to ensure a 16% rate of return (the loss in service value anticipated for the term of the lease). Caswell knows the implicit interest rate. 6. Executory costs of $7,000 annually, related to taxes on the property, are paid by Caswell directly to the taxing authority on Dec. 31 of each year. Required: 1. Determine what type of lease this is for the lessee. 2. Prepare appropriate journal entries on the lessees books to reflect the signing of the lease agreement and to record the payments and expenses related to this lease for the years 2019 and 2020
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The transaction that would be:_________ a) classified as an investing activity on the statement of cash flows is sale of equipment at book value. b) issuance of bonds payable at a discount. c) declaration of a cash dividend. d) sale of merchandise on credit.
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Garcia Co. Sells snowboards. Each snowboard requires direct materials of $112, direct labor of $42, and variable overhead of $57. The company expects fixed overhead costs of $659,000 and fixed selling and administrative costs of $125,000 for the next year. It expects to produce and sell 11,200 snowboards in the next year. What will be the selling price per unit if Garcia uses a markup of 10% of total cost
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Ryan is considering purchasing a used five year old hatchback with 75, 000 miles on it for $13,000. his main use would be commuting 20 miles to work each day. which should he be most concerned about?
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Jen spends her daily income of $35 on two goods, MP3 music downloads (X) and jumbo diet sodas (Y)His budget line is 2X + Y = 35. His utility function is represented byU = x ^ 2 + y ^ 2 + 5000 Decide on Jen's optimum consumption bundle : how many MP3 music downloads she should purchase and how many diet sodas she should buy order to get maximum satisfaction?
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Determine the yield-to-call (to the nearest 0.1 of a percent) of an ltv bond with a 14 percent coupon, that pays interest semiannually. the bond can be called in 7 years, has a call premium of $140, and is currently selling for $1,154.
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Blossom inc. sells an irrigation system that cost $195,000 to mcgraw company for $375,000 on march 2, 2017. the sales price includes an installation fee. the standalone price of the installation fee is $69,000. the standalone price of the irrigation system is $342,000. the installation is considered a separate performance obligation and is expected to take 3 months to complete.a) allocate blossoms total selling price for the irrigation system and installation to the two performance obligations (delivery of the irrigation system and installation). irrigation system: $______ installation: $_______b) blossom delivered the irrigation system on march 14, 2017. the installation was completed on june 10, 2017. how much revenue should blossom recognize in the first quarter of 2017 related to its sale to mcgraw? how much revenue should blossom recognize in the second quarter? first quarter second quarterrev. $_________ $___________
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Explain whether one can find editorial explanations of tax law in Nexis Uni
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Ceteris paribus, if north korea increases the size of its military, thenmultiple choiceits production of consumer goods will increase.its production possibilities curve will shift inward.its production possibilities curve will shift outward.
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A large pizza business makes pizzas and sells them. The pizzas are manufactured and kept in cold storage for not more than two weeks. The business is split into a number of functional units. There is Production Control, Manufacturing, Stores, Accounts, Sales, Shipping and Purchasing. Production Control are responsible for organising which pizzas to produce in what order and in what quantity. They need to schedule the production of the pizzas according to the current and expected sales orders together with the number of pizzas already in Stores. Manufacturing take the raw materials from the Stores and manufacture pizzas returning the completed goods to the Stores. Accounts deal with the payments for the pizzas when delivered to the customer and the payment to the suppliers of the raw materials. Sales deal with customer orders whilst Purchasing organise the buying of raw material from suppliers. Shipping manage the packing and delivery of the goods to the customer with a delivery note. When a sales order is received by sales they record what is being ordered and by whom. They also record the details of the expected date of delivery. Production Control access this information and make sure that, if required, pizzas are produced by Manufacturing and are ready in Stores for when the delivery needs to be made. After the delivery is made Accounts make sure that the customer receives an invoice and that payment for the invoice is received at which time a receipt is issued. Purchasing look at the current stock of raw materials and by using current stock levels, supplier turn around times and quantity to be ordered decide what needs to be ordered on a daily basis. Their aim is never to run out of an ingredient but to minimise the amount of raw material kept in stock.
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