The traditional U.S. business model:
A. assumes that business owners, public or private, operate from articulated principles.
B. relies on banks to provide leverage.
C. is input-process-output.
D. assumes that business has an important set of social obligations.
Answer: C
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Which of the following is a key item that is most likely covered in a franchise agreement?
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Gnas Corporation's total current assets are $210,000, its noncurrent assets are $590,000, its total current liabilities are $160,000, its long-term liabilities are $490,000, and its stockholders' equity is $150,000. The current ratio is closest to:
A. 0.36 B. 1.31 C. 0.76 D. 0.33
What is the purpose of the CREATE TABLE command?
What will be an ideal response?