Answer the following statement(s) true (T) or false (F)
The pro forma balance sheet is used in the critical risk segment of the business plan.
ANSWER: False
Business
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The gross profit percentage measures the profitability of each sales dollar above the cost of goods sold
Indicate whether the statement is true or false
Business
An annuity with payments that occur at the beginning of each period is known as a _____.?
A. deferred annuity? B. ?ordinary annuity C. ?immediate annuity D. ?annuity due E. ?discounted annuity
Business
Ratification of a contract by a minor may be
a. oral. b. written. c. implied from the minor's actions. d. all of these.
Business
Which of the following is not a tort?
A) Battery B) Assault C) Negligence D) Breaking a contractual agreement
Business