Answer the following statement(s) true (T) or false (F)
Entrepreneurship presents psychological risks, but not physical risks.
ANSWER: False
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Long-term debt imposes financing risk because it
a. decreases the need for shareholders' equity. b. requires principal and interest payments. c. requires a default before filing for bankruptcy. d. can result in default, creditor or regulatory intervention in the management of the firm. e. None of these answer choices is correct.
The easiest method of estimating your life insurance needs is the
A) life cycle approach. B) budget approach. C) financial approach. D) income approach.
In 2017, an individual taxpayer has $863,000 of taxable income that includes $48,000 of 0%/15%/20% long-term capital gain. Which of the following statements is correct?
a. All of the LTCG will be taxed at 0%. b. All of the LTCG will be taxed at 15%. c. All of the LTCG will be taxed at 20%. d. Some of the LTCG will be taxed at 15% and some at 20%. e. None of the above.
Identify the principle that admonishes a manager to treat employees as ends in themselves and not to manipulate them simply as factors of production for the self-interested ends of the company
A. The disclosure rule B. The Doctrine of the Mean C. The practical imperative D. The organization ethic