Several models exist for the life cycle of the small business firm. Each divides the stages a bit differently.
Answer the following statement true (T) or false (F)
True
All models have the same general ideas.
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As of January 1 of the current year, the Grackle Company had accounts receivables of $50,000. The sales for January, February, and March were as follows: $120,000, $140,000 and $150,000. 20% of each months sales are for cash. Of the remaining 80% (the credit sales), 60% are collected in the month of sale, with remaining 40% collected in the following month. What is the total cash collected (both
from accounts receivable and for cash sales) in the month of February? A) $129,600 B) $62,400 C) $133,600 D) $91,200
What is ethnocentrism?
What will be an ideal response?
Norah is a single mother who has just taught Janet, her daughter, to drive
Once Janet has a driving permit, Norah intends to let Janet do most of the driving because driving for long stretches usually gives Norah severe pain in her upper back and shoulders. Norah's car is insured in her name. In this scenario, Norah could opt for a(n) ________ to protect the car from damages that could occur while Janet drives the car. A) collision insurance B) comprehensive insurance C) omnibus clause D) medical payment coverage
Because it requires no extra effort for the sender or receiver, a phone call is a more thoughtful way to convey a goodwill message than a written note
Indicate whether the statement is true or false