Underlying the dividend irrelevance theory proposed by Miller and Modigliani is their argument that the value of the firm is determined only by its basic earning power and its business risk.

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


True

Business

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The Ben Franklin method of closing a sale is used to list only the advantages of the product or service, not the disadvantages.

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

Business

JIT purchasing is successful by employing long-term contracts based on quality, reliability, and price

Indicate whether the statement is true or false

Business

Which of the following statements is TRUE regarding Incrad's balance sheet?

The balance sheet of Incrad Clothes, LLC, as of December 31, 2017 is presented below.

A) The computer was purchased at a cost less than $15,000.
B) The bank loan of $25,000 should be considered part of the Partner's Equity.
C) Brad and Chad have limited liabilities for the partnership's debts because it is a limited liability
company.
D) The current market value of the furniture is $12,000.

Business

"Failure" points in the restaurant service blueprint provided in the chapter only occur in the backstage processes

Indicate whether the statement is true or false

Business