Increases in the rate of new product introduction lead to a) increased demand uncertainty
b)shifts from innovative to functional products
c) decreased demand uncertainty

Why has the free enterprise system been modified to include some government intervention?

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be: