Lilly LLC wants to make a profit of $30,000. It has variable costs of $99 per unit and fixed costs of $20,000. How much must it charge per unit if 5,000 units are sold?
A) $84
B) $69
C) $99
D) $109
D
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Which of the following is imposed upon a franchisor that violates the Federal Trade Commission (FTC) franchise disclosure rule?
A) FTC criminal action on behalf of the franchisee B) loss of intellectual property to the franchisee C) suspension of all business operations in the area D) an injunction against further franchise sales
The accuracy of a labor standard is to be within ± 5%, and the confidence level is 95%. The standard deviation of the sample is 2 and the mean is 8. What sample size should be used?
A) 8 B) 10 C) 96 D) 127 E) 68
Answer the following statement(s) true (T) or false (F)
11. According to the text, bankruptcy or forced sale is probably the biggest failure for a startup. 12. Researchers have suggested that the origins of fear of failure may lie in parent–child relations. 13. Deviance is an attribute of grit. 14. People living in factor-driven economies perceive the most entrepreneurial opportunities. 15. People living in innovation-driven economies perceive the most entrepreneurial opportunities.
The Federal Reserve Board of Governors has issued a regulation that governs credit provisions associated with sales contracts—Regulation Z
Indicate whether the statement is true or false