You will always get more accurate forecasts by using more complex forecasting methods.

Answer the following statement true (T) or false (F)


True

Business

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Do the SFACs that constitute the conceptual framework establish generally accepted accounting principles? What are the benefits and limitations of this approach?

What will be an ideal response?

Business

In considering equity and debt financing, which of the following statements is generally true?

A) The lower the measure of the long-term debt to equity ratio, the greater the likelihood that the company will have difficulty in meeting its obligation in some future period. B) Interest and dividend payments are not required to be made by the issuing company. C) The higher the measure of the debt to equity ratio, the greater the likelihood that the company will have difficulty in meeting its obligation in some future period. D) Most companies prefer to have no debt and rely exclusively on equity financing.

Business

Which statement is an INCORRECT description of convenience sampling?

a. It is a relatively easy and inexpensive sampling method. b. Little data of value are collected by this method. c. Preliminary studies have successfully employed this method. d. This method is governed by tight restrictions.

Business

Bob and Karin founded a luxury health spa located near a natural hot springs. They each owned 30% of the company, with the remaining 40% owned by other shareholders. There were many expenses in the first few years, but by year 4, the company was doing well and had a large base of steady customers. Both Bob and Karin work long hours at the spa and work at marketing and operational tasks. Last week, Bob had an offer from a New York entity to build a luxury spa in Upstate New York and was offered a huge salary. Bob is going to take the offer. Discuss the legal protections that could keep Karin from assuming all the work while Bob continues to gain benefit of the company’s growth.

What will be an ideal response?

Business