An advantage of vertical functional structure is the ability to respond quickly to external changes.

Answer the following statement true (T) or false (F)


False

Business

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When all capital and labor are fully utilized, the economy is said to be

A. at the peak of the business cycle. B. experiencing an expansion. C. at full employment. D. sustainable.

Business

Dailies is a large retail chain in New Jersey. Apart from selling to customers, Dailies supplies bread and vegetables to a large number of restaurants in and around New Jersey. Therefore, Dailies is engaged in ________ when selling to restaurants.

A. merchandising B. channel expansion C. breaking bulk D. wholesaling E. retailing

Business

Point Co. purchased 90% of Sharpe Corp.'s voting stock on January 1, 20X2 for $5,580,000. Prior to the acquisition, Point held a 10% equity position in Sharpe Company. On January 1, 20X2 Pointe's 10% investment in Sharpe has a book value of $340,000 and a fair value of $620,000. On January 1, 20X2 Point records the following:

A. Credit Investment in Sharpe stock $5,860,000 B. Debit Investment in Sharpe stock $6,200,000 C. Debit Gain on revaluation of Sharpe's stock $280,000 D. Credit Gain on revaluation of Sharpe's stock $280,000

Business

What are some of the ways that private equity firms can increase an entrepreneurial firm’s value?

What will be an ideal response?

Business