Answers

ZK

Answered

A company reported net income of $275,000, net sales of $2,500,000, and average total assets of $2,100,000 for the current year. Calculate this company's profit margin, total asset turnover, and return on total assets.

On Jul 05, 2024


ZK

Answered

Which of the following accounts showing a balance on the post-closing trial balance indicate an error?

A) Office Equipment.
B) Accumulated Depreciation-Office Equipment.
C) Depreciation Expense-Office Equipment.
D) Retained earnings.
E) Salaries Payable.

On Jul 03, 2024


C
ZK

Answered

In which of the following U.S.occupations is the rate of unionization the highest?

A) Protective services.
B) Sales workers.
C) Managers.
D) Transportation workers.

On Jun 04, 2024


A
ZK

Answered

The total cost transferred from the first processing department to the next processing department during the month is closest to:

A) $304,000
B) $332,835
C) $270,706
D) $287,100

On Jun 03, 2024


C
ZK

Answered

Economists believe that a little bit of inflation may be a good thing. What are the potential benefits of inflation?

On May 05, 2024


First, economists believe that inflation "greases the wheels" of the labor market. Because workers resist cuts in nominal wages, a fall in real wages is more easily accomplished with a rising price level. Inflation thus makes it easier for real wages to adjust to changes in labor market conditions.
Second, the economy may need negative real interest rates to provide sufficient stimulus to aggregate demand. Inflation allows for the possibility of negative real interest rates
ZK

Answered

_____ is the willingness of an individual to make decisions when all that needs to be known cannot be known and when the ethical issue has no established, unambiguous solution.

A) Tough-mindedness
B) Organizational citizenship behavior
C) Cognitive dissonance
D) Counterproductive work behavior

On May 04, 2024


A