An external issue to be considered when setting a price is

a. the variable costs of the product or service.
b. the desired rate of return.
c. the quality of materials and labor.
d. the number of competing products or services.


D

Business

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Which carbohydrate is used to store energy in the liver?

A. glycerol B. cellulose C. glycogen D. starch E. chitin

Business

West Company declared a $0.50 per share cash dividend. The company has 190,000 shares issued, and 10,000 shares in treasury stock. The journal entry to record the payment of the dividend is:

A. Debit Retained Earnings $95,000; credit Common Dividends Payable $95,000. B. Debit Retained Earnings $90,000; credit Common Dividends Payable $90,000. C. Debit Common Dividends Payable $95,000; credit Cash $95,000. D. Debit Retained Earnings $5,000; credit Common Dividends Payable $5,000. E. Debit Common Dividends Payable $90,000; credit Cash $90,000.

Business

The following data was collected from a simple random sample of a population. 1317182123The point estimate of the population standard deviation is

A. 3.441. B. 3.847. C. 14.8. D. 11.84.

Business

Inventory turnover is a measure of liquidity that focuses on the relative size of inventory

Indicate whether the statement is true or false

Business