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government raises interest rates significantly what will be the short-term outcome? . A retailer operating at a 35 percent gross profit percentage expects sales of S320,000 in Apn and $350,000 in May.Company policy requires ending each month with enough inventory to cover one quarter of the next month's sales. To (B) Real GDP will increase, while general price (C) Real GDP will not change significantly, but (D) Real GDP will decrease, while general price levels will increase significantly levels will decrease. general price levels will decrease. Compary plA 51. If the economy is at equilibrium and the federa (A) Real GDP will decrease, and general price e ae end April with enough inventory to produce one quarter of May sales, which of the following is the budgeted purchases amount for April? (A) $208,000 (B) $212,875 (D) $327,500 levels will not change significantly. equity of $100 million. During the year, the company's after-tax net income is $10 million, and the company pays dividends of $5 million. Which of the following is the company's book value of equity at the end of the year? (A) $100 million (B) $105 million (C) $110 million (D) $115 million 49. At the long-run equilibrium, firms in an industry 52 A company begins the year with a book value of have their marginal cost of production equal to the output's price. Which of the following is the industry's market structure? (A) Oligopoly (B) Monopoly (D) Perfect competition nyentory costing method best matches the cost of goods sold with the revenue that the chain ing generate?t53. Because of an unanticipated increase in demand, a (A) First-in, first-out B) Last-in, first-out C) Weighted average ) Moving average company had to increase production beyond what was budgeted. Within the relevant range, which of the following is true concerning the cost of production? (A) V (B) Variable cost per unit will increase (C) Total variable costs will decrease (D) Total variable costs will remain the same ariable cost per unit will remain the same

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