A business plan serves as a tool for attracting people and money.

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


True

Business

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Mass-media television advertising:

A) is as effective as ever B) has risen in the past decade C) has not been assessed effectively D) is declining in effectiveness

Business

Under a contract for the sale of land, the statute of frauds

a. does not apply if the purchase price for the land is less than $500. b. does not apply if the buyer must secure a loan for the purchase of the land. c. requires the defendant to sign the agreement. d. does not apply if the total price of the land is to be paid in less than one year.

Business

During Year 1, Morsch Company issued common stock to stockholders for $10,000; purchased land for $2,000 cash; provided services to customers for $8,000; paid cash operating expenses of $6,200; and paid cash dividends of $1,000 to the company's owners. Required:Enter each of these events into the horizontal financial statements model, below. Indicate dollar amounts of increases and decreases. For cash flows, show whether they are operating activities (OA), investing activities (IA), or financing activities (FA). Enter a "0" if a transaction does not affect a given element of the accounting equation. EventAssets=Liab.+EquityRev.-Exp.=Net Inc.Stmt of Cash Flowsa)???????????b)???????????c)???????????

What will be an ideal response?

Business

In the aircraft manufacturing industry, at least for large commercial jets, Boeing and Airbus are the only competitors. There is not a significant threat of entry because

A. there is expected to be a huge return on investment within this industry. B. entering the aircraft manufacturing industry requires huge capital investments. C. there is no credible threat of retaliation from the incumbents. D. entering the aircraft manufacturing industry means violating government policies.

Business