If the price of a pencil is $1.00 and the price of a pen is $2.00, what is the relative price? if the pencil is $1.50 and the pen is $3.00? if the pencil is $2.00 and the pen is $3.00?

Use the following account numbers and corresponding account titles to answer the following question. account no. account title (1) cash (2) merchandise inventory (3) cost of goods sold (4) transportation-out (5) dividends (6) common stock (7) selling expense (8) loss on the sale of land (9) sales which accounts would appear on the income statement?

If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?

Which statement best describes entrepreneurship aitmakes people very rich b it relies on large financial investments c it is only possible in the retail industry d it requires creativity and ambition