One of the advantages of starting your own business is

a. lack of responsibility.

b. profit.

c. free time.

d. no hassles.

Jane wins $100 comma 000 playing the lottery, and instead of spending it, she deposits it into her checking account at the First Bank of Anywhere. Her bank makes a loan (equal to its excess reserves) to Mary, who uses the money to remodel her home.

How does a pension fund act as an investor? a. The fund lends money to those who are also investors in it. b. The company invests the money collected from employers and/or employees. c.

Purple Corporation acquired 75 percent of Socks Corporation's common stock on January 1, 20X8, for $435,000.

Under what circumstances might a business plan include a funding request for working capital? Select one: a. It is just starting out. b. It is earning significant profit. c. The owner has saved significant funds. d.

gmat An international basketball tournament will be held in either Nation QN or Nation RN. Exactly six nations, including the host, plan to participate, depending on the following conditions: SN will participate only if TN does.

Appalachian mountain goods has paid increasing dividends of $.10, $.12, $.15, and $.20 a share over the past four years, respectively.

What type of skills tends to be equally important at all levels of management? a. technical skills b. human skills c. decisional skills d. motivation to manage e. conceptual skills

Faldo Corp sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were $325,000, and its year-end receivables were $60,000. If its DSO is less than the 45-day credit period, then customers are paying on time.

Which NIMS structure develops, recommends, and executes public information plans and strategies? A. Emergency Operations Center (EOC). B. Incident Command System. C. MAC Groups. D. Joint Information System (JIS).

Rules of Debit and CreditThe following table summarizes the rules of debit and credit. Indicate whether the proper answer is a debit or a credit.