The PPF between goods X and Y will be a downward-sloping:.a. straight line if constant opportunity costs exist. b. straight line if decreasing opportunity costs exist. c. curve that is bowed outward if decreasing opportunity costs exist. d. curve that is bowed outward if constant opportunity costs exist.

To be able to better compare stock performance within the same industry, similar companies are grouped into? a)market sectors b) industry blocks c) performance sectors d) average earning blocks

The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services

Selected data for stick’s design are given as of december 31, year 1 and year 2 (rounded to the nearest hundredth). year 2 year 1 net credit sales $25,000 $30,000 cost of goods sold 16,000 18,000 net income 2,000 2,800 cash 5,000 900 accounts receivable 3,000 2,000 inventory 2,000 3,600 current liabilities 6,000 5,000 compute the following: 1. current ratio for year 2 2. acid-test ratio for year 2 3. accounts receivable turnover for year 2 4. average collection period for year 2 5. inventory turnover for year 2