MicroEconomics 102 Problem Set #1: Chapters 1-4 Due Date: September 20th Name: _______________ 1. Discuss the opportunity costs of attending college for four years. Is college more or less costly than you thought it was? Explain. Luckily for me my Education is being paid for the by United States Government. I have had many unforeseen costs‚ such as rent‚ bills‚ food‚ gas‚ and many other things. 2. A friend pays for your lunch. Is this an example of a “free lunch”
Premium Supply and demand
Module 5 Homework + Answers Total Points: 40 Chapter 6 1) Credit terms of "2/10‚ n/30" mean that if payment is made in two days‚ a 10% discount will be given; if not paid within two days‚ the full invoice price will be due in thirty days. True or False Answer: The "2/10" means that a 2% discount is given if the payment is made within 10 days. 2) Flyer Company has provided the following information: Cash sales‚ $150‚000 Credit sales‚ $450‚000 Selling
Premium Revenue Generally Accepted Accounting Principles Double-entry bookkeeping system
ANSWERS TO GUIDE QUESTIONS 1. What happens to the distribution of magnetic flux lines when the iron ring was placed in between the U-magnets? Magnetic Flux‚ by definition‚ is the measure of the quantity or the strength of the magnetic force in a given area‚ whether a closed or an open area. When the iron ring is placed in between the U-magnets‚ there has been a region by which has been enclosed‚ following the area of the iron ring. And according to Gauss’s Law for magnetism‚ the total magnetic
Free Magnetic field
QUESTION 2: b) Explain the importance of the mission statement‚ the vision and the goal of an organization A mission statement defines what an organization is‚ why it exists‚ its reason for being. It helps guide the actions of the organization‚ spell out its overall goal‚ provide a path‚ and guide decision-making. A vision statement is a description of a company’s values and its long-term goals. It helps an organization prepare for the future. A goal is an observable and measurable end result
Premium Strategic planning Strategic management Mission statement
AP Biology Chapter One Objectives 1. Briefly describe the unifying themes that characterize the biological sciences. New properties emerge at each level in the biological Hierarchy Organisms interact with other organisms and the physical environment Life requires energy transfer and transformation Structure‚ and function are correlated at all levels of biological organization Cell is an organism’s basic unit of structure and function The continuity of life is based on heritable information
Premium Life Scientific method Biology
SG-INVESTMENTS At least 50 percent of exam-1 Will come from this study guide Chapters 1-4 Student: ___________________________________________________________________________ 1. The largest one-day percentage decline in the Dow-Jones Industrial Average during the period 1926-2006 occurred on: A. October 19‚ 1987. B. October 28‚ 1929. C. September 17‚ 2001. D. November 6‚ 1929. E. July 19‚ 2002. 2. Based on the period 1926-2006‚ the risk premium for U.S. Treasury bills was: A. 0.0
Premium Short Investment Mutual fund
more detail in the answer to the next question. 1.6 Now let’s analyze the Goods Rcvd/ Invoice Rcvd account closer. This account is necessary because of timing differences in the real world. This is what is termed a suspense account. Briefly explain how entries would be made to this account (i.e. What transactions happen and how are they recorded?) and why all transactions in the account should eventually be zeroed out. (If you don’t grasp this concept yet‚ you may wait to answer this part until
Premium Accounts receivable Generally Accepted Accounting Principles Balance sheet
[pic]Accounting 408 Test 2 Review 1. An auditor obtains knowledge about a new client ’s business and its industry to a. Make constructive suggestions concerning improvements in the client ’s internal control structure. b. Develop an attitude of professional skepticism concerning management ’s financial statement assertions. c. Evaluate whether the aggregation of known misstatements causes the financial statements taken as a whole to be materially misstated
Premium Auditing Internal control Audit
Denial of Service (DoS) or Distributed Denial of Service (DDoS) - D 11. Confidential data compromised remotely - K 12. Mobile worker token stolen - G 13. Corrupt or lost data - E 14. Downtime of customer database – J Lab #1 Assessment Questions and answers 1. Name at least five applications and tools pre-loaded on the Windows 2008 Server Target most computers and identify whether that application starts as a service on the system or must be run manually? FileZila Server – starts as a service
Premium Authentication IP address Subnetwork
profitable or unprofitable in its operations. A) True B) False This is the correct answer. Feedback: The primary purpose of accounting is to provide information that is useful for decision-making purposes. Accounting is ’not an end’‚ but rather it is a ’means to an end.’ LO 1 2 Costs‚ prices‚ sales volume‚ profits‚ and return on investment are all accounting measurements. A) True This is the correct answer. B) False Feedback: A clear understanding of accounting terms and concepts is required
Premium Management accounting Accountancy Certified Public Accountant