The following entry was recorded in the books of Brighty Company. Apr. 8 Accounts Payable—Marigold, Inc. 3,000 Inventory 3,000 Debit Memo No. 25. What is the impact of this entry on the accounting equation? a. an increase in Assets and an increase in Liabilities b. a decrease in Assets and a decrease in Equity c. a decrease in Assets and a decrease in Liabilities d. an increase in Assets and an increase in Equity

The selling price of houses would be most likely to decrease if there were first a decrease in which of the following? a. new-housing construction. b. mortgage interest rates. c. the unemployment rate. d. construction workers' wages. 2b2t

Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.

Your subscription to investing wisely weekly is about to expire. you plan to subscribe to the magazine for the rest of your life, and you can renew it by paying $85 annually, beginning immediately, or you can get a lifetime subscription for $620, also payable immediately. assuming that you can earn 6.0% on your funds and that the annual renewal rate will remain constant, how many years must you live to make the lifetime subscription the better buy?