Protected environments for new, small business are known as
A. business shelters.
B. skunkworks.
C. business accelerators.
D. business incubators.
E. bootleggers.
Answer: D
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In IFRS, preferred stock subject to mandatory redemption is disclosed
a. between liabilities and shareholders' equity. b. as a liability. c. as a shareholders' equity. d. as a revenue. e. as an expense.
Big Mutual Insurance Company would like to take advantage of financial services deregulation by acquiring a bank and a stock brokerage firm
Big Mutual, however, would have trouble raising the funds needed to make these acquisitions under the mutual form of organization. Big Mutual is planning to switch from the mutual form of organization to the stock form, and to issue shares of common stock to raise capital. This change in organizational structure is called A) mutualization. B) retrocession. C) reinsurance. D) demutualization.
If your _____, your net worth on the balance sheet will increase from one period to the next.
A. liabilities increase and assets remain constant B. liabilities increase and assets decrease C. assets increase and liabilities remain constant D. income and liabilities decrease E. liabilities and expenses increase
Alana Rodriguez borrowed $13,000 at 9% ordinary interest for 140 days. After 60 days, she made a partial payment of $3,000. What is the final amount due on Alana's loan?