Perceived desirability refers to the degree to which an individual has a favorable or unfavorable evaluation of the potential entrepreneurial outcomes.
Answer the following statement true (T) or false (F)
True
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A corporation has 50,000 shares of $25 par stock outstanding that has a current market value of $120 . If the corporation issues a 5-for-1 stock split, the par value of the stock after the split will be
a. $5 b. $60 c. $25 d. $24
Consider the non-profit organization Doctors without Borders (Médecins Sans Frontières), a Nobel Peace Prize winning organization that provides medical services in war zones and developing countries. For this type of organization, which of the following would likely be the best measure of business value?
A. Fund balance (i.e., the net of revenues less expenditures). B. Lives saved. C. Volunteers deployed. D. Donations raised.
Which of the following is NOT an example of a mixed economy?
A) France B) Sweden C) India D) United States
What was the impact of the Community Reinvestment Act on Fannie Mae?
a. It had to stop purchasing mortgage loans. b. It could only purchase loans that were not high credit risks. c. It enabled Fannie Mae to expand its portfolio substantially. d. None of the above