Based onstatistics from the U.S. Small Business Administration (SBA),small businessesaccount for 78% of all private sector employees.
Answer the following statement true (T) or false (F)
False
Based on statistics from the SBA, small businesses account for 48% of all private sector employees. See 7-6: Small Business and the Economy: An Outsized Impact
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Flexible manufacturing systems are
a. designed to provide more flexibility in a firm's manufacturing process by using computer-aided machinery. b. the same as computer-aided design systems. c. commonly used by firms that need to make large quantities of one product. d. are very complicated and cause increased defect rates in output.
In 1995, the U.S. Congress overwhelmingly passed a bill that required all administrative agencies (both executive and independent) to do a cost-benefit analysis of any proposed regulation that would cost the economy more than $________ million
A) 10 B) 15 C) 20 D) 25
Nickolls Corporation has provided the following financial data: Cash$188,000 Accounts receivable, net$285,000 Total current assets$709,000 Total current liabilities$167,000 The company's acid-test (quick) ratio is closest to:
A. 2.83 B. 3.10 C. 4.25 D. 2.47
The advantages of the partnership form of business organization, compared to corporations, include
A. Difficulty of formation. B. Limited liability. C. Single taxation. D. Ease of raising capital. E. Mutual agency.