Although Louisa May Alcott is best known for her book Little Women, published in the late 1860s. She had been writing stories, poetry, thrillers, and juvenile tales since 1851 under the pseudonym Flora Fairfield
What will be an ideal response?
Answer: Although Louisa May Alcott is best known for her book Little Women, published in the late 1860s, she had been writing stories, poetry, thrillers, and juvenile tales since 1851 under the pseudonym Flora Fairfield.
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Virginia and Dan each own investment realty that they would like to trade. Virginia's property is subject to mortgage debt of $2,000 and has a net of mortgage value of $6,000. Dan's property is subject to mortgage debt of $30,000 and has a net of mortgage value of $5,000. Virginia and Dan agree to exchange properties and assume each other's debt. Dan pays Virginia $1,000 cash, and the exchange is completed. What is the gross selling price of Virginia's property?
A. $2,000 B. $6,000 C. $8,000 D. $5,000 E. $35,000
Bounded rationality means solving problems by producing the best possible solution based on a set of highly desirable conditions.
Answer the following statement true (T) or false (F)
When Naomi makes decisions regarding the location of a new franchise for her Italian restaurant and charts out the growth plan for her business over the next 5-8 years, her decisions relate to the ________ processes of her business
A) strategic B) operational C) managerial D) transactional
Parsa Inc. reported the following results from last year's operations: Sales$14,000,000Variable expenses 9,500,000Contribution margin 4,500,000Fixed expenses 3,800,000Net operating income$ 700,000Average operating assets$7,000,000At the beginning of this year, the company has a $1,100,000 investment opportunity with the following characteristics: Sales$1,980,000 Contribution margin ratio 40% of salesFixed expenses$653,400 Last year's return on investment (ROI) was closest to:
A. 50.0% B. 10.0% C. 5.0% D. 64.3%