Business Questions

Which of the following will occur if the government institutes an effective price ceiling on strawberries? a. there will be a decrease in demand for and an increase in supply of strawberries. b. there will be a decrease in supply of strawberries. c. the quantity supplied of strawberries will decrease. d. there will be a decrease in demand for strawberries. e. the quantity demanded for strawberries will decrease.
1 Answers
In exchange for $1,500 legal services to help set up the new company, Hickory Grove Corporation issued 100 shares of $10 par value stock to its attorney. The entry to record the issuance of the stock would include a A. credit to Common Stock for $1,000. B. debit to Common Stock for $1,000. C. credit to Common Stock for $1,500. D. debit to Paid-In Capital in Excess of Par Value for $500.
1 Answers
For a restaurant to be able to offer mixed beverages to go, which of the following are true?A. It must be accompanied with a food order. B. Beverage must be in a sealed tamper proof container. C. There is no alcohol/food ratio. D. All of the above
2 Answers
The law of supply states that as the price of a good declines, the quantity supplied of that good remains the same. decreases. increases. disappears.
2 Answers
What is the difference between closed-end credit and open-end credit
1 Answers
Select the correct answer.What should you do when you have multiple goals that conflict with each other? A. avoid all conflicting goals altogether B. prioritize and restructure your goals C. engage in just one of the conflicting goals D. attain the more profitable goals first
2 Answers
Recommend four aspects you would include when preparing a flyer
2 Answers
What is the present value of the cash flow, at the end of year I the cash flow is $1,000 and$2,000 at the end of year two. The interest rate given is 10%?a) $3.000b) 439c) S2.562d) 3.200
2 Answers
Which of the following presents a summary of the changes in a firm’s balance sheet from the beginning of an accounting period to the end of that accounting period? The statement of retained earnings. The statement of working capital. The statement of cash flows. The statement of net worth.
1 Answers
Which of the following statements about the U.S. housing industry is accurate?A) The total net housing wealth is equal to about 80 percent of GDP. B) The housing industry is not a big part of the economy. C) No one really knows how many building permits are issued in the U.S. each month. D) The total net housing wealth was less than 1 billion dollars in 2006.
1 Answers
One of the main questions of economics involves deciding upon the method for
2 Answers
According to David Taylor of the Bank Administration Institute, about _____ percent of households with annual incomes over $50,000 have PCs equipped with modems.
1 Answers
To be successful, an entrepreneur must be willing to invest money, considerable effort, and
2 Answers
If your company has a lot of competitors, what does that do to your demand?A.Makes it less elastic B.Makes it more elastic C.Makes it less need-based D.Makes it more need-based
2 Answers
The return on investment (ROI) from education is typically the highest for:
1 Answers
What are indicators that economists use to measure how an economy grows? Select all that apply.
2 Answers
High unemployment especially unemployment as the result of layoffs, CAN BE DEVASTATING FOR INDIVIDUALS AND BUSINESS.ALL OF THE FOLLOWING ARE EFFECTS OF HIGH UNEMPLOYMENT EXCEPTA. social and political unrest among the unemployed and minority groups b.labor, land, and capital will be left idle c.a loose money supply policy d.potential wealth will be wasted
1 Answers
A tax imposed on the assets of one who dies
2 Answers