Before beginning the business plan, the entrepreneur should define the venture's goals and objectives. These goals should be:
A. feasible.
B. general and broad.
C. unique.
D. guaranteed.
Answer: A
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If Ash Company had sales during the year of $10,000,000, an average accounts receivable of $2,000,000, and net income of $500,000, its accounts receivable turnover ratio would be 0.25
a. True b. False Indicate whether the statement is true or false
The stock of a close corporation is held by the municipality in which the corporation is headquartered.
Answer the following statement true (T) or false (F)
Which of the following type of stock gives dividend payment over common stock?
a. preferred stock b. annual stock c. treasury stock d. callable stock e. market stock
Recent statistics show total union membership to be about 33 percent of the civilian labor force.
Answer the following statement true (T) or false (F)