Calvin is considering opening a late-night pizza parlor on the local college campus. His SWOT analysis reveals that students want more late-night options for dining. This represents a(n) ________ in the SWOT analysis.

Fill in the blank(s) with the appropriate word(s).


opportunity

In a SWOT analysis, opportunities are external factors that a firm may be able to capitalize on to meet or exceed its stated objective. If students want more late-night dining options, then opening up a late-night pizza parlor may be a good opportunity for Calvin.

Business

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The balance sheet perfectly describes both resources and financing (claims on those resources)

Indicate whether the statement is true or false

Business

Internal controls that should be applied when a business takes a physical count of inventory should include all of the following except:

A. Second counts by a different counter. B. A manager confirms that all inventories are ticketed only once. C. Prenumbered inventory tickets. D. Counters of inventory should be those who are responsible for the inventory. E. Counters confirm the validity of inventory existence, amounts, and quality.

Business

Highpoint, Inc., is considering investing in automated equipment with a ten-year useful life. Managers at Highpoint have estimated the cash flows associated with the tangible costs and benefits of automation, but have been unable to estimate the cash flows associated with the intangible benefits. Using the company's 12% required rate of return, the net present value of the cash flows associated with just the tangible costs and benefits is a negative $282,500. How large would the annual net cash inflows from the intangible benefits have to be to make this a financially acceptable investment? (Ignore income taxes.)Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.

A. $20,000 B. $50,000 C. $28,250 D. $35,000

Business

Which of the following is not a major business trend in e-commerce in 2015-2016?

A) Mobile e-commerce continues to grow. B) Small businesses and entrepreneurs are hampered by the rising cost of market entry caused by increased presence of industry giants. C) On demand service companies garner multi-billion dollar valuations. D) Mobile and social advertising platforms begin to challenge search engine marketing.

Business