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If cost of goods sold is $350,000 and the gross profit rate is 30%, what is the gross
A.$150,000.
B.$500,000.
C.$250,000.
D.$100,000.
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A.$150,000.
B.$500,000.
C.$250,000.
D.$100,000.
From the last sentence of this passage we conclude that______.
A.businessmen know well that advertisement could bring them more profits
B.advertisement could hardly convince people of the value of goods
C.business usually do not pay much for advertisement
D.advertisement usually cost business large amounts of money
From the last sentence of this passage we conclude that ______.
A.businesses usually do not pay much for advertisement
B.businessmen know well that advertisement could bring them more profits
C.advertisement could hardly convince people of the value of the goods
D.advertisement usually cost businesses large amounts of money
B.usually decreases as more of the good is produce
C.is measured by the amount of the other good that must be given up
D.is measured by the additional resources that must be used to produce the good
E.is usually constant
From the last sentence of this passage we conclude that ______.
A.businessmen know well that advertisement could bring them more profits
B.advertisent could hardly convince people of the value of goods
C.business usually do not pay much for advertisement
D.advertisement usually cost business large amounts of money
Why isn't dollar worth as much as it used to be? One dollar is always worth the same amount, that is, 100 cents. But the value of a dollar is how much it can buy. The value of money depends on the cost of living. Economists say that the cost of living is the money that a family must pay for the necessities of life such as food, housing or rent, clothes, and medical expenses. For many years now, the cost of living has increased greatly, so the value of the dollar has decreased. When a dollar has a low value, you cannot buy as many things with it.
No one fully understands why the cost of living keeps increasing, but economists believe that workers and producers can make prices go up. As workers earn more money, they have more money to spend, so they demand more goods. If there is a great demand for certain goods, the prices of these goods go up. At the same time, if there's a shortage of goods, the prices also go up. For example, if everyone wants to buy more and more gas, the price of gas goes up. When companies withhold gas from buyers, they can also make the price of gas go up.
Families need to know what happens to their money. They need to make their income meet the cost of living, so many people plan a family budget (预算). A budget is a list of monthly expenses. If your expenses add up to more than your income, you must find ways to save money. Maybe you're spending too much on entertainment. Or if you're spending too much on clothes, you may want to sew your own clothes. Budgeting helps you spend your money wisely as the cost of living increases.
What has troubled many families in the United States?
A.A not-large-enough income.
B.Nothing is left over to put away.
C.The increasing cost of living.
D.A shortage of certain goods.
Over 60 million persons in the United States own a credit card. For these millions of Americans a credit card is "coined freedom". It has had effect of increasing consumption possibilities for households by allowing them to purchase thousands of dollars of merchandise. ranging from autos. clothing, to electrical appliances. The widespread use of creditcard nowadays staggers the imagination to the point where one wonders whether the total amount of consumption spending each year would be the same if this "plastic money" were not around, Credit cards have also been of significant importance to the national economy.Businessmen have been encournged to expand plant and equipment and hire additionat personnel to meet the heavy demand for their products, The tendency of employment and income would rise significantly. Unfortunately the ease with which buyers can increase their purchase with credit cards have caused them to overlook the additional costs.Purchase on credit cards are postponed payments. Buy-now pay later encourages buyers to use credit cards ,extencively.Since the buyer is in effect borrowing money for a special purposer he must expect to pay an interest charge. Interest is the price of using money over a long period of time. A close analysis of the use for credit cards for heavy purchases will show that the buyer has added to the cost of making these purchases. It must also be kept in mind that unpaid monthly balances means added interest charges. Furthermore. the use of credit cards will add to the most purpose of the product since the shopkeeper does not receive the money at the time of the purchase, Shopkeepers might add on the cost of handing credit cards to the bill. One of the arguments against the use of credit cards has been that those who do pay cash at the time if purchase finance the use of a credit card by another person.This is so, the argument runs, because the price of a product will include the cost of another persons use of a credit card.
Which of the following is NOT true about credit cards?
A.It can encourage great sums of consumption
B.Shopkeepers, among others object to the use of credis cards because they add on the cost of the merchandise
C.Credit card holders actually pay for their shopping goods afer the purchase has been completed
D.The national economy enjoys extensive growth because of the use of credit cards
What is the main topic of the passage?A.Advantages and disadvantages of credit cards
B.Economic growth hacked up by the use of credit cards
C.Arguments against the use of ecredit cards
D.Credit cards make life easier
What are the arguments against the use of credit cards?A.It may lead to the overgrowth of the national economy.
B.The delay in the payment of shopping goods may bring damage to shopkeeprers’profits.
C.Some people may intentionally purchase goods that they cannot possbly aford
D.Those who pay by cash at the purehase will have to pay for the cost added to the product as the interest charge of credit cards
The writers purpose in this passage is to____.A.argue against credit card
B.deseribe a phenomenon
C.introduce us the disadvantage and advantage of credit card
D.propose an original viewpoint
Examples of public goods are not as rare as one might expect. A flood control dam is a public good. Once the dam is built, all persons living in the area will benefit--irrespective of their own contribution to the construction cost of the dam. The same holds true for highway signs or aids to navigation. Once a lighthouse is built, no ship of any nationality can be effectively excluded from the utilization of the lighthouse for navigational purposes. National defense is another example. Even a person who voted against military expenditures or did not pay any taxes will benefit from the protection afforded.
It is no easy task to determine the social costs and social benefits associated with a public good. There is no practicable way of charging drivers for looking at highway signs, sailors for watching a lighthouse, and citizens for the security provided to them through national defense: Because the market does not provide the necessary signals, economic analysis has to be substituted for the impersonal judgement of the marketplace.
With what topic is the passage mainly concerned?
A.Mechanisms for safer navigation.
B.The economic structure of the marketplace.
C.A specific group of commodities.
D.The advantages of lowering taxes.
There can be no doubt that the growth in advertisement is one of the most striking features of the western world in this century. Many businesses such as those handling frozen foods, liquor, tobacco and medicines have been built up largely by advertisement.
We might ask whether the cost of advertisement is paid for by the producer or by the customer. Since advertisement forms part of the cost of production, which has to be covered by the selling price, it is clear that it is the customer who pays for advertisement. However, if large scale advertisement leads to in creased demand, production costs are reduced, and the customer pays less.
It is difficult to measure exactly the influence of advertisement on sales. When the market is growing, advertisement helps to increase demand. When the market is shrinking, advertisement may prevent a bigger fall in sales than would occur without its support. What is clear is that businesses would not pay large sums for advertisement if they were not convinced of its value to them.
Advertisement is often used to ______ .
A.deceive customers
B.increase production
C.arouse suspicion
D.push the sale
These goods are ______ for export, though a few of them may be sold on the home market.
A.essentially
B.completely
C.necessarily
D.remarkably