If a firm switches from straight-line to accelerated depreciation, an investment's internal rate of return declines.
Answer the following statement true (T) or false (F)
False
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Jim Poss created Bigbelly, Inc., a for-profit company that builds trash cans that allows garbage to be compacted using solar energy. Jim Poss is an example of:
a. an angel investor b. a social entrepreneur c. a traditional entrepreneur d. a venture capitalist
Nan has an idea that is high on value and usefulness and low on degree of novelty. According to the Neck Idea Generation Matrix, the idea has the quality of ______.
a. innovation b. invention c. improvement d. irrelevant
Dan arranged for his bank to wire $50 on the first of each month to the YMCA. The money was to pay for his membership. In April, the bank wired $50 to Young Machine Company of America, instead of the YMCA. Which statement is correct?
a. Dan, the originator, is liable for the amount of the payment. b. Dan's Bank is liable for the full amount of the payment. c. The prior Bank is liable for the full amount of the payment. d. Dan and the bank share liability for the amount of the payment.
The business definition has three elements: ________.
A. target market, potential customers, and production capability B. offer, target market, and production/delivery capability C. offer, acceptance, and consideration D. business definition, target market, and market analysis