The stockholders' equity section of the corporate balance sheet is separated into paid-in capital and retained earnings

a. True
b. False
Indicate whether the statement is true or false


True

Business

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________ includes any assets an entrepreneur pledges to a lender as security for repayment of the loan?

A) Collateral B) Down payment C) Margin D) Condition.

Business

Which of the following marketing communications tools has the highest cost-effectiveness in the introduction stage of the product life cycle?

A) personal selling B) sales promotion C) interactive marketing D) direct marketing E) events and experiences

Business

Outdoor Living Company has just received a special order for 500 hammocks. Outdoor Living has sufficient idle capacity to accept the order. Accepting the order will increase Outdoor Living's variable manufacturing costs. Variable selling and administrative costs would be unaffected. What is the minimum price that Outdoor Living should accept for the special order?

A. A price equivalent to the hammock's unit contribution margin B. The same price that Outdoor Living charges its existing customers C. A price equivalent to the hammock's variable manufacturing cost per unit D. None of the above.

Business

Which of the following statements differentiates a fixed asset from an investment?

a. Fixed assets are held in business for more than one year but investments are held for less than one year. b. Fixed assets are tangible resources but investments are intangible resources. c. Fixed assets are used in normal course of operations but investments are not. d. Fixed assets are not held for resale but investments are held for resale.

Business