Refer to Table 28-6. What is the unemployment rate?

One purpose of interest-rate ceilings was to:

A) establish a ceiling on bank profits.
B) establish a floor on bank profits.
C) encourage competition in other areas.
D) eliminate the need for the FDIC.
E) reduce the chance of bank failures.

During the current year, merchandise is sold for $137,500 cash and $425,600 on account. The cost of the goods sold is $322,325. What is the amount of the gross profit?

________ reports provide the feedback that employees, managers, and others need in order to make decisions, take action, and respond to changes.

According to Michael Porter, there are five determinants of competition. An example of _____ is the threat new competitors pose to existing competitors in an industry.

A) threat of entry
B) rivalry between existing competitors
C) pressure from substitute products
D) bargaining power of buyers
E) bargaining power of suppliers

Comprehensive income is all changes in stockholders' equity during the period except those resulting from dividends and stockholders' investments.