5.) which of the following is not a characteristic of market economies? competition economic freedom government ownership of businesses economic incentives 6. what is true about certificates of deposit? they offer lower interest rates than savings account. they are the most liquid account available. the money has to remain in the account for a specified period of time. all of the above are true. 7. when talking about economic resources, capital refers to which of the following? money tools and machinery to manufacture goods. investments and stocks all of the above 8. experts recommend that you revisit your financial goals about how often? every 10 to 20 years every 2 to 5 years every year a few times a year 9. a share of ownership in a company is known as which of the following? stock investment rebate bond 10. interest rate risks would be most relevant to what purchase? airline tickets a house a sweater patio furniture

Wren pork company uses the value basis of allocating joint costs in its production of pork products. relevant information for the current period follows: product pounds price/lb. loin chops 3,000 $ 5.00 ground 10,000 2.00 ribs 4,000 4.75 bacon 6,000 3.50 the total joint cost for the current period was $43,000. how much of this cost should wren pork allocate to loin chops?

The production manager of rordan corporation has submitted the following quarterly production forecast for the upcoming fiscal year: 1st quarter 2nd quarter 3rd quarter 4th quarter units to be produced 10,800 8,500 7,100 11,200 each unit requires 0.25 direct labor-hours, and direct laborers are paid $20.00 per hour. required: 1. prepare the company’s direct labor budget for the upcoming fiscal year. assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced. 2. prepare the company’s direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is not adjusted each quarter. instead, assume that the company’s direct labor workforce consists of permanent employees who are guaranteed to be paid for at least 2,500 hours of work each quarter. if the number of required direct labor-hours is less than this number, the workers are paid for 2,500 hours anyway. any hours worked in excess of 2,500 hours in a quarter are paid at the rate of 1.5 times the normal hourly rate for direct labor.

The advertisement demonstrates a popular way companies try to sell a product. what should consumers consider when it comes to the price of this product? it includes shipping and handling costs. it takes into account maintenance costs. it explains why this price is a good deal. it makes the full cost appears lower than it is.