Entrepreneurs are NOT
A. tolerant of stress.
B. making only safe decisions.
C. risk managers.
D. risk takers.
E. able to resolve problems.
Answer: B
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Find the maturity value of the loan (use the formula MV = P(1+ RT) to find the maturity value): Principal Rate Time Maturity Value $10,900 8% 3 years
What will be an ideal response?
Those who favor localized marketing see national advertising as wasteful because it ________
A) gets too up close and personal with consumers B) drives up manufacturing and marketing costs by reducing economies of scale C) magnifies logistical problems D) fails to address local needs E) sends conflicting marketing messages
Better Deals Company has 6 units in inventory on December 31. The units were purchased in November for $155 each. The price lists from the suppliers indicate that the same items would now cost the company a total of $960. What would be the amount reported as ending Merchandise Inventory on the balance sheet?
A) $1,890 B) $315 C) $930 D) $960
Normally, the buyer does not have the right to inspect the goods before she accepts or pays for them.
Answer the following statement true (T) or false (F)