What is money that an entrepreneur tries to borrow for working capital to pay for salaries and other operating expenses, or to purchase equipment needed for operations, and that is to be repaid with interest over time called?
a. Equity capital
b. Debt capital
c. Founders’ capital
d. Sweat equity capital
b. Debt capital
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For each of the following products or services, indicate the most important customer quality attributes and the most important customer quality tradeoffs. (a) Personal computer(b) Legal representation in divorce court(c) New home purchase(d) Meals in a fast food restaurant(e) Airline travel(f) Prom dress(g) Cruise ship vacation(h) Auto repair
What will be an ideal response?
Two methods of analyzing potential capital investments—payback and accounting rate of return—ignore the time value of money
Indicate whether the statement is true or false
Frieda is considering advertising her new restaurant on the radio to attract more customers. She knows that in order to attract listeners' attention on the radio, it will be important for her to
A. use a high level of repetition. B. buy a really long time slot to get all the information in. C. be both informal and conversational in tone. D. use a quick speaker to attract attention to the commercial. E. say the restaurant's name and location three separate times.
Use the information in Table 10.8 to answer this question. What car is repaired the latest (the most past due) if an SPT sequence is obeyed?
A) F B) B C) G D) D