Which of the statements below is TRUE?
A) The frequency of bankruptcy for a high-tech up-start firm is lower than for a blue-chip firm, so we see higher borrowing rates for start-ups than for mature firms.
B) The frequency of bankruptcy for a high-tech up-start firm is higher than for a blue-chip firm, so we see lower borrowing rates for start-ups than for mature firms.
C) The frequency of bankruptcy for a high-tech up-start firm is lower than for a blue-chip firm, so we see lower borrowing rates for start-ups than for mature firms.
D) The frequency of bankruptcy for a high-tech up-start firm is higher than for a blue-chip firm, so we see higher borrowing rates for start-ups than for mature firms.
Answer: D
Explanation: D) All other answers besides D have at least one word that disagrees with the correct words found in D.
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From the following details, calculate net sales revenue.
A) $467,000
B) $453,000
C) $460,000
D) $475,000
List the advantages and disadvantages of a sole proprietorship over other forms of business organization
What will be an ideal response?
The total risk associated with an investment can be divided into _____.
A. systematic risk and nondiversifiable risk B. firm-specific risk and unsystematic risk C. market risk and firm-specific risk D. market risk and nondiversifiable risk E. firm-specific risk and total risk
Which of the following items would require an adjusting entry after preparation of the bank reconciliation?
A) errors made by the bank revealed by the bank reconciliation B) all items on the bank's side C) errors made on the books revealed by the bank reconciliation D) outstanding checks