A firm has just ended the calendar year making a sale in the amount of $200,000 of merchandise purchased during the year at a total cost of $150,500. Although the firm paid in full for the merchandise during the year, it has yet to collect at year end from the customer. One possible problem this firm may face is ________.
A) low profitability
B) insolvency
C) inability to receive credit
D) high leverage
B) insolvency
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A complete enumeration of the elements of a population or study objects is a ________
A) population B) target population C) element D) census
Enumerate at least four actions that managerial leadership can take to mobilize the effort for excellence in strategy execution.
What will be an ideal response?
On Monday, Cindy says to Ruth, "I will sell you my car for $10,000. You have until Friday to
decide." As of Wednesday, Ruth has paid nothing to Cindy and has not indicated if she is interested in buying the car. At this point, which is true? A) Ruth could send $250 to Cindy, which would make the offer irrevocable. B) Cindy cannot revoke the offer on Wednesday. C) Cindy can revoke the offer on Wednesday. D) Ruth must reject Cindy's offer by Friday, or else she has bought the car.
A sole proprietor has unlimited liability; his or her total investment in a business, but not his or her personal assets, can be taken to satisfy creditors
Indicate whether the statement is true or false