Since interest and dividends received are most closely associated with investment activity and are often called investment income, the FASB classifies the cash received from these items as investing activities
Indicate whether the statement is true or false
False
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The essence of the classical viewpoint is that
A. resources are limited. B. a rational approach can be used to boost productivity. C. people are self-interested. D. people will take on responsibility if it is offered to them. E. workers behave how you expect them to.
Dwayne, an electrician, files a suit against Electro Mechanix, Inc., alleging that its circuit breakers are unreasonably dangerous due to the possibility of electrical shock. Dwayne's suit is most likely to
A. fail, because Dwayne assumes the risk if he uses an Electro product. B. fail, because Dwayne is a knowledgeable user. C. succeed, because the danger is open and obvious. D. succeed, because Electro's products are not safe for all uses.
Identify and explain the four fundamental reasons entrepreneurs own their own businesses.
What will be an ideal response?
A(n) ________ occurs when two companies of about the same size mutually agree to create a new combined company
A) merger B) acquisition C) takeover D) synergy E) cooperative