7. If an entrepreneur's business fails, he will still make money.

True or False

Andre's Dog House had current assets of $67,200 and current liabilities of $71,100 last year. This year, the current assets are $82,600 and the current liabilities are $85,100.

During a tactical planning meeting, company management discussed the performance of each of its business segments.

What to do if an escrow agent won't return you the money?

Jan Stevenson, a sales representative at a medical systems company, just received her performance appraisal from her boss, Linda Jones. Although Jan has been mostly a marginal to average performer, Linda gave Jan excellent ratings.

Prior to May 1, Fortune Company has never had any treasury stock transactions. A company repurchased 260 shares of its common stock on May 1 for $13,000. On July 1, it reissued 130 of these shares at $52 per share.

Ten Pins Manufacturing has 9 million shares of common stock outstanding. The current share price is $81, and the book value per share is $8. The company also has two bond issues outstanding.

The higher the price of an antique, the greater people's expectation that the object is rare. That, in turn, makes the antique appear more valuable. If the statements above are correct, then offering an antique for sale at a bargain price:

Elmer received the following distributions from Virginiana Mutual Fund for the calendar year 2019: Ordinary dividends $250 Capital gain distributions $170 Nontaxable distributions $80 Elsie, Elmer's wife, did not own any of the Virginiana Mutual

Ocean Vessels, Inc., and Pacific Harbor Company enter into a contract for a sale of a boat. Ocean is a merchant who deals in goods of the kind sold. The goods are defective. Under the UCC, the implied warranty of merchantability is breached a.

If it is known that the income elasticity of demand for the same good is 2.5, estimate the percentage change in demand if consumer income increases from $100 to $300.