What are considered internal factors affecting entrepreneurship?
a. Work experience
b. Education background
c. Family background and business experience
d. All of the above
d. All of the above
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The cost of goods available for sale during the accounting period must be divided between the cost of goods sold and the ending inventory
Indicate whether the statement is true or false
Which of the following is an example of diversity?
a. A gymnasium that operates exclusively for women b. A religious cult c. A secular society d. All of the above
An employee is considered to be virtuous so long as he or she engages in behavior that fits the employee's value system, such as stealing company money to donate it to a food bank
Indicate whether the statement is true or false.
The Xu Corporation uses a periodic inventory system. The company has a beginning inventory of 300 units at $5 each on January 1. Xu purchases 500 units at $4 each in February and 200 units at $6 each in March. There were no additional purchases or sales during the remainder of the year.Xu sells 150 units during the quarter. If Xu uses the weighted average method, what is its cost of goods sold?
A. $705 B. $600 C. $900 D. $750