Ultimate Business Study Guide - Questions & Answers

jaheem, who owns a hardware store, uses an income statement to show his revenue and expenses over the past three years to potential investors.a) trueb) false
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The balance in retained earnings equals all net income, less all dividends, since the company began operations.a) Trueb) False
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A financial statement that reports assets, liabilities, and owners equity on a specific date is called: _______
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Which one of the following is NOT a Quality of Life issue used to help make global location decisionsCultureAll of the AboveEconomyEducationMobility (i.e., the ability to easily move around in a country, city, community, etc.
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some investments are considered tax shelters. when are taxes due on this type of investment?
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Alvis Corporation reports pretax accounting income of $400,000, but due to a single temporary difference, taxable income is only $250,000. At the beginning of the year, no temporary differences existed. Required: 1. Assuming a tax rate of 25%, what will be Alvis's net income? 2. What will Alvis report in the balance sheet pertaining to income taxes? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assuming a tax rate of 25%, what will be Alvis's net income? Net income Required Required 2 > Required 1 Required 2 What will Alvis report in the balance sheet pertaining to income taxes? Amount Balance Sheet Account Reported Deferred tax liability Income tax payable
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what kind of economy did hamilton advocate for in the development of the united states?
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a state is looking to reduce the cost of transportation, which uses 7.101014 btus per year. currently the cost of 106 btus is $20.00. how much will the state save in one year if they implement regulations requiring all transportation methods to be 20% more efficient?
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companies often refine their cost allocation systems to minimize the amount of cost distortion caused by the simpler cost allocation systems.truefalse
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the higher a companys plant assets to long-term liabilities ratio, the greater its borrowing capacity. this statement is:______.
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all other things being equal, the higher a companys net margin, the better its performance. this statement is:______.
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monopolists are able to set the price for their good. nevertheless, monopolists face a tradeoff in raising price because a higher price:_____.
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answer the question on the basis of the following information for four highway programs of increasing scope. all figures are in millions of dollars.
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economists involved in discussions of healthcare, climate change, immigration and other topics have no consensus in how to address them because:_____.
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The Federal Reserve is worried about rising prices, so it has decided to decrease the money supply. The government wants to encourage economic growth, so it has decided to cut taxes. This situation shows that the Federal Reserve and the government can have _____ goals.
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Sebastian worked 24 hours last week. At a rate of $12 per hour, what wasSebastian's gross pay? How to solve
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Language and a leader's ____shape communication toward achieving victory in competitive business environments.
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Hannah works as a server at an Italian Bistro working 24 hours each week.She is paid $10.60/hour plus tips. If her weekly tips total $112, what willher weekly earnings be?
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PLEASE ANSWER QUICK!!! I WILL GIVE BRAINLIEST AND 50 POINTS!!!
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What is true about measuring Top-of-Mind Awareness for a brand?- All of these responses are true- It can be measured through a focus group- It can be measured through a survey- It is necessary to measure it on an ongoing basis
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According to the AS-AD model, an economy can pull itself out of a recession by producing more goods and services.Group of answer choicesTrueFalse
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The fundamental economic problem facing all societies is the fact that all must deal with which of the following?ABCDpovertycompetitionscarcityinflation
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How do private property rights have a role in the market economy?ABCDThey act as an incentive to make people want to work.There is no relationship between private property rights and the market economy.They act as a way to outsource employment.Both B and C.
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Maxine and her friend Alice share a love of listening to music from England. They spendplenty of sleepovers listening to their favorite bands and are always sharing new songs orartists with each other.One day, Alice excitedly tells Maxine her dad bought her tickets to a huge music festival inEngland where some of their favorite bands will play. Plus, she has a ticket for Maxine, andAlice's dad said he'll cover half of Maxine's airfare. The other half is only $412. Maxine feelslike this is a once-in-a-lifetime opportunity. Should Maxine use her emergency fund to take this super rare opportunity? Explain your reasoning.
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