Susan o rourke hired an attorney to represent her in a court case involving an auto accident. the attorney charged o rourke a $2,000 retainer fee for his services. terry thomas needed a haircut the local stylist charged him $12 for her services. aaron mathison mowed his neighbor s lawn; in exchange, the neighbor roto-tilled mathison s garden. the attorney fees paid by o rourke, the $12 charged by the hair stylist, and the exchange of lawn mowing for garden tilling are all examples of
a. price.
b. premiums.
c. barter.
d. outlays.
e. the profit motive.

An annuity that goes on indefinitely is called a perpetuity. the payments of a perpetuity constitute a/an series. the equation is: a stock with no maturity is an example of a perpetuity. quantitative problem: you own a security that provides an annual dividend of $170 forever. the security’s annual return is 9%. what is the present value of this security? round your answer to the nearest cent. $

Witch is an example of a non durable good?

9. tax types: taxes are classified based on whether they are applied directly to income, called direct taxes, or to some other measurable performance characteristic of the firm, called indirect taxes. identify each of the following as a “direct tax,” an “indirect tax,” or something else: a. corporate income tax paid by a japanese subsidiary on its operating income b. royalties paid to saudi arabia for oil extracted and shipped to world markets c. interest received by a u. s. parent on bank deposits held in london d. interest received by a u. s. parent on a loan to a subsidiary in mexico e. principal repayment received by u. s. parent from belgium on a loan to a wholly owned subsidiary in belgium f. excise tax paid on cigarettes manufactured and sold within the united states g. property taxes paid on the corporate headquarters building in seattle h. a direct contribution to the international committee of the red cross for refugee relief i. deferred income tax, shown as a deduction on the u. s. parent’s consolidated income tax j. withholding taxes withheld by germany on dividends paid to a united kingdom parent corporation