A ratio of 4:2:1 is the same as
a. 40%:20%:10%
b. 4/7:2/7:1/7
c. 4/10:2/10:1/20
d. 7/4:7/2:7/1
b
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Consider Figure 6.3. Of the quota-induced change in Iraqi consumer surplus, $______________ is NOT transferred to other sectors of Iraq's economy and represents deadweight loss.
a. $5,000 b. $10,000 c. $15,000 d. $20,000
Assume that on December 1, a $3,000, 90-day, 10 percent note receivable was received from a customer as an extension of his of past – due account. The entry that would be made to record the note is:
a. Notes receivable 3,000 Cash 3,000 b. Notes receivable 3,000 Interest Income account 3,000 c. Notes receivable 3,000 Accounts receivable 3,000 d. Cash 3,000 Accounts receivable 3,000
Give an example of and discuss both internal departmentalization and external departmentalization.
What will be an ideal response?
You should ______________ wordy phrases
a. avoid b. capitalize on c. often use d. repeat