Jorge drinks two liters of soda each day. He is aware of the negative impacts of sugary drinks on his health and the potential for the empty bottles to add to pollution. His demand state is best characterized as ________ demand

A balance sheet is designed to show:

A. How much a business is worth. B. The profitability of the business during the current year. C. The assets, liabilities, and owners' equity of a business as of a particular date. D. The cost of replacing the assets and of paying off the liabilities at December 31.

The account Work in Process Inventory:

A. Consists of completed goods that have not yet been sold. B. Consists of goods being manufactured that are incomplete. C. Consists of materials to be used in the production process. D. Consists of the cost of new materials used, labor but not overhead.