Beyond the sheer value of the goods and services they generate, small businesses make a powerful contribution to the U.S. economy in terms of:
A. merging billion-dollar corporations.
B. powering the stock market.
C. creating new jobs.
D. accounting for all private sector output.
Answer: C
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Project managers must know how to report ___________________
a. good news as well as bad news b. about all aspects of a project c. to senior management d. incongruities and setbacks
Defalcation is the material altering of anything in writing that, if genuine, might be the foundation of a legal liability
Indicate whether the statement is true or false
Karl was an accounting manager for a large company and in his employment contract it stated that if he terminated after more than 8 years of service, the maximum termination notice would be 10 weeks' pay but no benefits would be paid
Karl worked for the company for 12 years and then was terminated when the company was downsizing. If Karl sues the company for wrongful dismissal the court will A) rule that he is entitled to only 8 weeks pay B) rule that he is entitled to only 10 weeks pay C) rule that he is entitled to only 12 weeks pay D) rule that he is entitled to reasonable notice under common law E) rule that he is entitled to common law notice and punitive damages
Herring Corporation has operating income of $270,000 and a 40% tax rate. The firm has short-term debt of $119,000, long-term debt of $316,000, and common equity of $435,000. What is its return on invested capital?
A. 17.37% B. 17.95% C. 18.62% D. 19.87% E. 20.72%