Maddie is the ceo of stevenson, ross, and warner (srw), a regional accounting firm. srw offers services in most areas of accounting, including auditing and consulting services. the firm must follow the gaap rules, just like any other accounting firm. if there are information gaps that are not addressed and resolved by the firm, srw could be considered a violator of the sarbanes-oxley act. maddie understands what must be done and wants every employee of the firm to understand that they have to follow all the rules and regulations. like any other industry, accounting is a competitive industry and employees of accounting firms must be productive, progressive, and well trained. refer to stevenson, ross, and warner. if you applied for a job at srw and were asked to state the accounting equation, which of these would you state?

Corey is trying to save money to buy a new tv. he invests $800 into an account paying 6.5% simple interest. for how long must he save if the tv costs $950? a. 2 years b. 3 years c. 4 years d. 5 years

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.

Manipulation manufacturing's (amm) standards anticipate that there will be 5 pounds of raw material used for every unit of finished goods produced. amm began the month of maymay with 8,000 pounds of raw material, purchased 25,500 pounds for $ 15,300 and ended the month with 7,400 pounds on hand. the company produced 4,9004,900 units of finished goods. the company estimates standard costs at $ 1.10 per pound. the materials price and efficiency variances for the month of maymay were: