Based on the static budget report: 1. What was the primary cause(s) of the decline in net income? 2. Did management do a good, average, or poor job of controlling expenses? 3. Were management’s decisions to stay competitive sound? b. Prepare a flexible budget report for the year. c. Based on the flexible budget report, answer the three questions in part (a) above. d. What course of action do you recommend for the management of Green Pastures?

Which of the following is an example of search costs? a.) driving to a faraway place to find available goods b.) buying goods in some special way that is outside the normal channels c.) paying a premium cost for goods d.) selling extra goods for a discount price

In mexico, many garment or sewing shops found they could entice many young people to work for them if they offered clean, air conditioned work areas with high-quality locker rooms to clean up in after the work day. typically, traditional garment shops had to offer to get workers to apply for the hard, repetitive, and somewhat dangerous work. a. benchmark competitive wages b.compensating differentials c. monopoly wages d. wages based on human capital development of each employee

Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the par value from the original sale of common stock c. at the current market value of the common stock d. at the curent book value of the common stock