A firm has $4,200 of cash, equipment worth $46,300, inventory of $38,400, a building worth $130,500, and $21,500 of accounts receivable. What is the value of the total fixed assets?
A. $203,500
B. $223,100
C. $226,900
D. $176,800
E. $196,400
Answer: D
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In ________, the market consists of many buyers and sellers trading in a uniform commodity, such as wheat, copper, or financial securities
A) pure competition B) monopolistic competition C) oligopolistic competition D) a pure monopoly E) a pure monopsony
From a marketing perspective, what role is played by professional bloggers?
A. engaging customers on behalf of companies B. recruiting employees C. reviewing and giving product and service recommendations D. sharing videos and photos of products E. introducing new products to the marketplace
Which of the following is true regarding credit cards?
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Limited partners can lose their limited liability by:
A) Breaching their fiduciary duty to the limited partnership. B) Actively managing the business of the limited partnership. C) Serving as a paid consultant to the limited partnership. D) Withdrawing from a limited partnership contrary to provisions in the limited partnership agreement. E) Investing too much in the partnership.