A problem common to franchisors and department or discount stores that utilize leased departments is the _____
a. short duration of most leases
b. potential negative effect on the firm's overall image
c. inflexibility with regard to store hours and operating style
d. legality of contract provisions relating to use of approved vendors
b
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Answer the following statement true (T) or false (F)
When preparing the statement of cash flows using the indirect method, the sale of marketable securities would appear as
a. a use of cash in the investing activities section b. a source of cash in the investing activities section c. a use of cash in the financing activities section d. a source of cash in the financing activities section
If what we say and what we do contradict, observers are likely to believe what we say
Indicate whether the statement is true or false
What qualifies someone as an accredited investor?
a. only a willingness to invest b. net worth of the equivalent being invested c. net worth over $1 million or income over $200,000 d. net worth over $200,000