The constant-growth model uses the market price as a reflection of the expected risk-return preference of investors in the market place

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TRUE

Business

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When the nature of the project and the needs of the user permit, most organizations will seek a pre-coded commercial software package rather than develop a system in-house

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Business

David, Chris and John formed a partnership on July 31, 2019. They decided to share profits equally, but inserted a clause in the partnership agreement where any losses would be allocated in the ratio of 5:2:3, respectively. For the year ended December 31, 2019, the firm earned a net income of $50,000. However, for the year ended December 31, 2020, the firm incurred a loss of $60,000. Assuming that John had an initial capital contribution of $43,000 and made no withdrawals, what is the balance of John's Capital account as of December 31, 2020? (Assume that none of the partners made any further contributions to their capital accounts. Do not round any percentage calculations. Round all monetary calculations to the nearest dollar.)

A) $41,667 B) $43,000 C) $59,667 D) $44,333

Business

The buying and building of operating facilities in a foreign country is a ______.

a. joint venture b. strategic alliance c. direct investment d. global manufacturing decision

Business

Niche marketing involves tailoring brands and promotions to the needs and wants of local customer groups—cities, neighborhoods, and even specific stores

Indicate whether the statement is true or false

Business