In the Monroy–Folger model of risk typology, profit-seeking activity is associated with a _____ desire to _____.
a. strong; maximize profit
b. weaker; maximize profit
c. strong; minimize profit
d. strong; maximize sales revenue
ANSWER: a
You might also like to view...
The Social Security rate is 6.2% with a ceiling of $106,800, and the Medicare Tax rate is 1.45% with no ceiling. The single employee of the business has earned $106,600 to date. The employee's gross earnings this pay period total $7,000 . What will be the total amount of Social Security tax and Medicare tax that will be withheld from this employee's gross earnings?
a. $535.50 b. $113.90 c. $434.00 d. $520.20 e. None of the above
[The following information applies to the questions displayed below.] Lexington Company engaged in the following transactions during Year 1, its first year in operation: (Assume all transactions are cash transactions)•Acquired $6,000 cash from issuing common stock. • Borrowed $4,400 from a bank. • Earned $6,200 of revenues. • Incurred $4,800 in expenses. • Paid dividends of $800. Lexington Company engaged in the following transactions during Year 2: (Assume all transactions are cash transactions)•Acquired an additional $1,000 cash from the issue of common stock. • Repaid $2,600 of its debt to the bank. • Earned revenues, $9,000. • Incurred expenses of $5,500. • Paid dividends of $1,280. What was the net cash flow from financing activities reported
on Lexington's statement of cash flows for Year 2? A. $2,880 inflow B. $1,000 outflow C. $2,880 outflow D. $1,000 inflow
Federal law permits a partnership to be treated as an entity in suits in federal courts
a. True b. False Indicate whether the statement is true or false
Theresa is considering starting a small business. She plans to purchase equipment costing $142,000. Rent on the building used by the business will be $22,500 per year while other operating costs will total $28,200 per year. A market research specialist estimates that Theresa's annual sales from the business will amount to $85,500. Theresa plans to operate the business for 6 years. Disregarding the effects of taxes, what will be the amount of annual net cash flow generated by the business?
A. $34,800 B. $85,500 C. $50,700 D. None of these answers is correct.