You are saving for your child's university education. It is her 1st birthday today. She will start university just after her 19th birthday. You are going to save $2,000 per year each year starting today and ending on her 18th birthday
If you expect to earn a rate of 5% in the savings account, then how much will you have saved by her 19th birthday?
A) $56,264.77
B) $59,078.01
C) $61,078.01
D) $64,131,91
E) $54,264.77
B
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Several factors can create intense rivalry among firms. These factors include all of the following factors except:
A) firms focus on market share at the expense of others. B) firms feel pressure due to fixed costs and produce at full capacity. C) lack of differentiation in products and services. D) upward pressure on prices and profitability. E) absence of switching costs for customers.
The equivalent units of production for transferred in units are always 100% because ________.
A) they are the finished goods purchased and transferred to the next department B) they are considered 100% complete with respect to the entire production process C) they were 100% complete with respect to the previous department D) they are not utilized for production in the subsequent department
________ avoids placing materials or supplies in storage by processing them as they are received for shipment
Fill in the blanks with correct word
Expenses to promote sales by displaying and advertising merchandise, make sales, and deliver goods to customers are known as:
A. Selling expenses. B. General and administrative expenses. C. Purchasing expenses. D. Non-operating activities. E. Cost of goods sold.