In Adam Smith's trade theory, ______ is the only factor of production and is of one quality (homogeneous).

a. land
b. labor
c. capital
d. entrepreneurship


b. labor

Business

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Diego, Inc., sells two products, Baubles and Charms. The sales forecast in units for the first quarter of the coming year is:?BaublesCharmsJanuary…..20,00036,000February…28,00060,000March……36,00064,000Cash sales are 30% of each product's monthly sales. The remaining sales are credit sales which are collected as follows: 70% in the month of sale, 20% the next month, and 10% in the following month. Unit sale prices are $30 and $20 for Baubles and Charms, respectively.Determine the company's cash receipts for March from its current and past sales.

What will be an ideal response?

Business

A firm has after-tax cash flow from operations equal to $100,000. Operating working capital

increased by $20,000, and the firm purchased $30,000 of fixed assets. The firm's free cash flow was A) $90,000. B) $110,000. C) $50,000. D) $150,000.

Business

As a part of their creative strategy, advertisers of Vittle's Nuts use "Snippy the Bunny" as the brand's symbol in its ad campaigns. Through this strategy, the company aims to enhance brand identification and recognition. In this scenario, Snippy is an example of a(n)

A. pseudo celebrity. B. affective character. C. high-involvement advertising appeal. D. selectively remembered personality. E. visual image personality.

Business

The Securities and Exchange Commission (SEC) provides a(n) ________ which allows a person who provides information that leads to a successful SEC action to receive 10 percent to 30 percent of the money collected over $1 million recovered by the SEC.

A. finders-keepers program B. whistleblower bounty program C. "snitches get riches" program D. Erin Brockovich program

Business