A special power of attorney empowers the agent to act in any matters on the principal's behalf without limitation

Indicate whether the statement is true or false


FALSE

Business

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Excerpts from Colter Corporation's most recent balance sheet appear below: Year 2Year 1Current assets:        Cash$90 $120   Accounts receivable, net 100  110   Inventory 170  160   Prepaid expenses 40  40 Total current assets$ 400 $ 430 Total current liabilities$ 320 $ 290 Sales on account in Year 2 amounted to $1,210 and the cost of goods sold was $720.The current ratio at the end of Year 2 is closest to:

A. 0.32 B. 0.38 C. 1.20 D. 1.25

Business

_______ is when choices should be made to bring the greatest good to others and such selflessness is a moral obligation.

a. Utilitarianism b. Altruism c. Dentological theory d. Ethical Egoism

Business

The vision and mission statements of a company set the overall direction of the organization. Strategic objectives serve what role?

A. modify the mission statement B. are a shorter version of the mission statement C. are only clarified by the board of directors D. operationalize the mission statement

Business

What percentage ownership typically defines FDI?

What will be an ideal response?

Business