Profit is the difference between

A) assets and liabilities
B) the incoming cash and outgoing cash
C) the assets purchased with cash contributed by the owner and the cash spent to operate the business
D) the assets received for goods and services and the amounts used to provide the goods and services


D

Business

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Answer the following statements true (T) or false (F)

1.. Because of the vastness of the virtual landscape, interacting online may be affecting our perceptual focus by making it much easier for us to concentrate on one thing for a sustained period of time. 2.At times, we may discriminate against an individual. When this occurs, we exhibit indiscrimination. 3.Stereotyping leads us to oversimplify, generalize, and grossly exaggerate our observations. 4.We develop schemata and scripts based on both real and vicarious experiences. 5.Tom was impressed with the speech Alicia gave in his class last month. As he got to observe her more and got to know to know here, he began to perceive additional things about Alicia has time has gone forward. This is an example of the horn effect.

Business

Salespeople do not represent customers to the company

Indicate whether the statement is true or false

Business

A company is trying to decide which of two new product lines to introduce in the coming year. The company requires a 12% return on investment. The predicted revenue and cost data for each product line follows: ?  Product A  Product BUnit sales25,00020,000Unit sales price$ 30$ 30Direct materials$15,000$8,000Direct labor$120,000$80,000Other cash operating expenses$30,000$25,000New equipment costs$2,500,000$1,500,000Estimated useful life (no salvage)5 years5 yearsThe company has a 30% tax rate and it uses the straight-line depreciation method. The present value of an annuity of 1 for 5 years at 12% is 3.6048. Compute the net present value for each piece of equipment under each of the two product lines. Which, if either of these two investments is acceptable?

What will be an ideal response?

Business

Ag Gag would criminalize:

a. undercover video recordings showing animal cruelty b. recordings of public health violations occurring in agricultural facilities c. Both a. and b. d. Neither a. nor b.

Business