The corporate form of organization is important to the U.S. economy because
A) there are more corporations than sole proprietorships.
B) there are more corporations than partnerships.
C) there are more sales of goods and services by corporations than any other business forms.
D) corporations provide more donations to the economy than other business forms due to the many tax incentives geared toward corporations.
C
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The use of financing with a fixed charge (such as interest) is termed financial leverage
Indicate whether the statement is true or false
Beginning Raw Materials Inventory $75,000 Materials purchased $20,000 Ending Raw Materials Inventory $30,000 How much are Raw Materials Used?
A) $25,000 B) $45,000 C) $65,000 D) $20,000
Which of the following activities would most likely affect a particular company's systematic risk?
A. The company's CEO resigns. B. The firm's sales this year probably will substantially lower than the amount forecasted by senior management. C. According to the U.S. government, inflation is expected to increase during the next five years. D. There is a good chance that the firm will experience a long labor strike in the near future. E. Next year the company plans to introduce a new product line that has a 30 percent chance of failing.
Which of the following statements is true of specialty goods?
A. Customers do not just buy a specialty good because of the name on the item. B. Customers enquire about each and every detail of a specialty good with the sales personnel. C. Customers do not comparison shop for specialty goods. D. Customers spend much time looking for specialty goods.