Are the buying and selling of stocks centralized activities? why or why not?
a. yes, the new york stock exchange is the principal exchange for the nations of the world.
b. no, people can buy stocks anywhere, and they do not need to go through a market.
c. yes, the world’s stock markets are coordinated exchanges, and they are dependent on one another.
d. no, there are many stock markets around the world, and they are independent of one another.

Lynch company manufactures and sells a single product. the following costs were incurred during the company’s first year of operations: variable costs per unit: manufacturing: direct materials $ 12 direct labor $ 6 variable manufacturing overhead $ 1 variable selling and administrative $ 1 fixed costs per year: fixed manufacturing overhead $ 308,000 fixed selling and administrative $ 218,000 during the year, the company produced 28,000 units and sold 15,000 units. the selling price of the company’s product is $56 per unit. required: 1. assume that the company uses absorption costing: a. compute the unit product cost. b. prepare an income statement for the year. 2. assume that the company uses variable costing: a. compute the unit product cost. b. prepare an income statement for the year.

Atrough in the business cycle occurs when

To : of $25 up to 35 2 35 up to 45 5 45 up to 55 7 55 up to 65 20 65 up to 75 16 is$25 up to $35 ?