Two key factors define a founder's ability to build a coalition: successful founders have extensive ________ and founders' benefits from early coalitions are likely to be modest.

Fill in the blank(s) with the appropriate word(s).


networks

Business

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Exhibit 9-1 The Happy Cereal Company includes a premium in each box of its cereal. For four premiums plus $2.00, customers are entitled to a plastic wiggle worm that costs Happy $4.50 each. Happy expects 60% of the premiums to be redeemed. In 2016, Happy sold 500,000 boxes of cereal and distributed 25,000 wiggle worms. Refer to Exhibit 9-1. What is Happy's premium expense for 2016?

A) $125,000 B) $187,500 C) $225,000 D) $337,500

Business

Board members of a not-for-profit organization have a fiduciary responsibility to provide fiscal guidance and ongoing governance over the not-for-profit organization to ensure that its exempt mission is carried out as described in the incorporating documents and exempt application.

Answer the following statement true (T) or false (F)

Business

Jay holds himself out as possessing special accounting skills. As an agent, he must exercise the degree of skill or care expected of

A. a person having those skills. B. an average, unskilled person. C. a reasonable person. D. the principal.

Business

You obtain a loan of $3,000 based on simple interest with an annual interest rate of 12%. At the end of the first month, the interest owed on $3,000 is

A) $30. B) $36. C) $300. D) $360.

Business