What percentage of US businesses are family-owned or controlled by a family?
a. Less than 20%
b. 20% to 30%
c. 40% to 50%
d. 80% to 90%
d. 80% to 90%
You might also like to view...
Which of the following methods is characterized by low levels of control in the data collection process?
A) personal interviews B) telephone interviews C) mail surveys D) focus group
The adjusting entry for the expiration of prepaid advertising, originally recorded as an asset,
A) Advertising Expense - Debit; Prepaid Advertising - Credit B) Prepaid Advertising - Debit; Cash - Credit C) Advertising Expense - Debit; Cash - Credit D) Prepaid Advertising - Debit; Advertising Expense - Credit
Raj, a sales representative for a software firm, Orion, is giving a sales presentation to Marion, a buyer for a large manufacturing firm, Global-Tech
A sales agreement between the two firms would establish a partnering relationship and a strategic alliance. Which of the following questions is most important to Marion as she makes a buying decision? A) Is Raj a well-qualified sales representative? B) Can Raj be trusted to offer viable solutions? C) Will Raj's product be delivered in a timely manner? D) What competencies can Orion provide to Global-Tech? E) Are the values and principles of Orion and Global-Tech similar?
On January 1, Year 1, Friedman Company purchased a truck that cost $48,000. The truck had an expected useful life of 100,000 miles over 8 years and an $8,000 salvage value. During Year 2, Friedman drove the truck 18,500 miles. Friedman uses the units-of-production method. What is depreciation expense in Year 2?
A. $5,000 B. $6,000 C. $8,880 D. $7,400