Which of the following should not be classified as a current asset?
a. A one-year installment receivable from the sale of a truck
b. An investment expected to be needed for operations in the next year
c. A one-year prepaid insurance policy
d. A fund to be used to purchase land
D
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Calculate the total value of owner's equity of a business if it realizes a net profit of $240 million at a return of 30%
A) $8 billion B) $800 million C) $720 million D) $7.2 billion E) $2.4 billion
When does groupthink tends to develop?
a. when there are many out-group members on a team b. when the out-group members are encouraged to become leaders c. when the team becomes excessively cohesive d. when the team becomes virtual
Activity costs per unit equal total volume divided by total activity costs
Indicate whether the statement is true or false
A runner-up firm that wants to hold its share in an industry without rocking the boat is a ________
A) market follower B) market maven C) market challenger D) market nicher E) market leader