Which economic policy was most successful during the Great Depression? a. raising taxes b. bilateral trade pacts c. establishing import quotas d. increased government spending
An example of a work stereotype is that _____. a. news reporters are nosy b. accountants work with numbers c. lawyers went to law school d. veterinarians treat sick animals
Which of these is the most significant item that personal finance skills can affect? one's investment earnings one's spending power one's quality of life one's ability to save
How many references should you have ready to list if an employer asks for them? a. 1-3 b. 3-5 c. 5-7 d. 7-9
It is better to read ______. a. In a loud place b. At the end of the day c. In long blocks d. In a quiet location
What term is used to describe an individual's money and personal property? A budget B income C assets D finances
What are the two major energy sources obtained from the ocean floor? A. oil and manganese B. calcium carbonate and halite C. natural gas and coal D. oil and natural gas
How can producers maximize their profit? Check all that apply. They can work to increase their marginal cost. They can work to decrease their marginal cost. They can raise prices to increase marginal revenue. The can lower prices to decrease marginal revenue. They can keep marginal costs below marginal revenues. They can keep marginal revenues below marginal costs.
Which type of closing letter requests the employer to call you for an interview? a. active close b. passive close c. empty close d. interactive
A legally protected brand is called a(n) ________. a. knockoff b. recognized brand c. equity d. generic e. trademark
Work-study is a program that includes a)working at an outside job to help pay for school. b)taking a school job to help pay for an education. c)agreeing to serve in the military for financial aid. d)participating in a service program to receive aid.
In most engines, the head of the intake valve is _______ the head of the exhaust valve. A. the same size as B. slightly larger than C. much smaller than D. a different shape than
When deciding how to deal with negative feelings, why should you evaluate the causes of your issue??
Which of the following statements is true about financial planning? A)Once you have painstakingly developed a financial plan, it is not wise to change it. B)You must always consider the tax consequences of selling your investments. C)Any kind of financial expert (such as a stockbroker, lawyer, or accountant) can help you develop a comprehensive financial plan. D)Once you have made a decision to buy an investment, there is no need for continued evaluation.
Which of the following best describes cooperative lending associations? A. building and loans B. state banks C. finance companies D. credit unions
Advertising is used mainly to A. influence consumer tastes. B. increase product awareness. C. promote company branding. D. track product popularity
The broad types of investments are known as which of the following? Asset classes/Speculative investments/ High-risk types/ Dividends
Making a credit card minimum payment: A Means you are paying a small portion of your total credit card debt B Is the same thing as making a late credit card payment C Will have a negative effect on your credit score D Will cause your credit card to be cancelled
Which type of investment offers both capital gains and interest income? a) property b) CDs c) stocks d) bonds
Which sentences describe characteristics of a partnership? the owners are free from personal liability. the owners pool their resources to raise capital. the owners in a partnership are called members. the business benefits because owners can share responsibilities.
How might a firm respond to a higher demand for its goods? A. limit its production B. raise prices C. cut prices D. increase advertising
The investment most affected by local conditions is: A. real estate B. savings accounts C. mutual funds D. Treasury bills
The purpose of predeparture language and cross-cultural training is to _____. a. reduce the uncertainty felt by expatriates b. avoid legal problems in the future c. cater to employees who require effective learning d. increase job empathy e. encourage job specialization
Simon company's year-end balance sheets follow. at december 31 2017 2016 2015 assets cash $ 31,800 $ 35,625 $ 37,800 accounts receivable, net 89,500 62,500 50,200 merchandise inventory 112,500 82,500 54,000 prepaid expenses 10,700 9,375 5,000 plant assets, net 278,500 255,000 230,500 total assets $ 523,000 $ 445,000 $ 377,500 liabilities and equity accounts payable $ 129,900 $ 75,250 $ 51,250 long-term notes payable secured by mortgages on plant assets 98,500 101,500 83,500 common stock, $10 par value 163,500 163,500 163,500 retained earnings 131,100 104,750 79,250 total liabilities and equity $ 523,000 $ 445,000 $ 377,500 the company's income statements for the years ended december 31, 2017 and 2016, follow. assume that all sales are on credit: for year ended december 31 2017 2016 sales $ 673,500 $ 532,000 cost of goods sold $ 411,225 $ 345,500 other operating expenses 209,550 134,980 interest expense 12,100 13,300 income taxes 9,525 8,845 total costs and expenses 642,400 502,625 net income $ 31,100 $ 29,375 earnings per share $ 1.90 $ 1.80 (1) compute days' sales uncollected.
Under which condition will both consumers and sellers benifit ? when demand exceeds supply when supply ecseeds demand or when supply equals damand
Which explains a difference between income and taxable income? Income is what a person earns, while taxable income reflects deductions for various expenses. Income is what a person earns, while taxable income reflects what is left after paying federal taxes. Income is what a person earns, while taxable income reflects what is left after paying local and state taxes. Income is what a person earns, while taxable income reflects what is received from the IRS in a tax refund.