Ben decides to start his own business designing websites for other businesses. Ben's business would be classified as a

A. distribution business.
B. retailer.
C. production business.
D. wholesaling business.
E. service business.


Answer: E

Business

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What is a stock's market value?

A) The current price of a share of stock in the stock market
B) The average price of one share of stock over the past year
C) The face value of a share of stock, set by the issuing company's board of directors
D) The price of the stock plus the previous year's dividend
E) The monthly average of a stock's price over a year

Business

Consider the following inventory transactions for September:       Beginning inventory15units@$3.00 Purchase on September 1220units@$3.50 Purchased on September 2310units@$4.00 For the month of September, the company sold 35 units. What is cost of goods sold under the weighted-average cost method? (Round weighted-average unit cost to 4 decimals)

A. $116. B. $131. C. $121. D. $124.

Business

The focus of the master schedule in an MTO production environment is ______.

a. producing finished goods to meet inventory and customer service levels b. ensuring that capacity is available to begin production upon receipt of order c. ensuring that raw materials are readily available to begin production upon receipt of order d. continuously producing finished goods irrespective of inventory level

Business

Some speakers signal their opinions by saying, "I think," or "The way I see it."

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

Business