A particularly interesting example that is challenging and invites the usage of self-leadership skills according to the text is:

a. sales
b. entrepreneurship
c. management
d. R and D


Ans: B

Business

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Surge Company reports the following information at December 31, 2015: Revenue $150,000 Cash 30,000 Accounts payable 40,000 Dividends 10,000 Expenses 85,000 What is Surge Company's net income?

a. $ 15,000 b. $ 45,000 c. $ 55,000 d. $ 65,000

Business

Three measures of profitability for a firm engaging in operations selling merchandise in its stores, to generate net income are: (1) Rate of return on assets, (2) Rate of return on common shareholders' equity, and (3) Earnings per share of common stock

Indicate whether the statement is true or false

Business

Frothy Beverage Corporation is a public company whose shares are traded in the public securities markets. Under the Securities Act of 1933, Frothy is required to

A. contribute to the operations of national stock exchanges. B. disclose financial and other information about its securities. C. engage in market surveillance to deter undesirable practices. D. solicit proxies for voting.

Business

Phoenix, a salesperson for Quality Fruit, Inc, showsRobert, a buyer for Sweet Home Fruit Company, samples of peaches, stating that any ship¬ment will match the samples. This statement is

a. an express warranty. b. an implied warranty. c. a warranty of title. d. puffery.

Business