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