Why is experimentation required?
a. to meet the requirements of investors and loan officers
b. to generate ideas that can be used in further business development
c. to make sure that entrepreneurs have the right assumptions about meeting the demands of potential customers
d. to form hypotheses about customer behavior towards their product or service
c. to make sure that entrepreneurs have the right assumptions about meeting the demands of potential customers
You might also like to view...
All 50 U.S. states consider loss leader practices to be wrong and have passed legislation called "unfair sales acts," also called "unfair trade practices acts."
Indicate whether the statement is true or false
The form of business organization in the United States that has the greatest amount of capital is ________
A) the sole proprietorship B) the partnership C) the sub-chapter corporation D) the publicly traded corporation
Which of the following is an example of a physiological innovation?
A. Optical mark readers B. Haptic interfaces C. 3G technology D. Image scanners
Padre Company purchases inventory for $70,000 on Mar 19, 20X8 and sells it to Sonny Corporation for $95,000 on May 14, 20X8. Sonny still holds the inventory on December 31, 20X8, and determines that its market value (replacement cost) is $82,000 at that time. Sonny writes the inventory down from $95,000 to its lower market value of $82,000 at the end of the year. Padre owns 75 percent of Sonny.Based on the information given above, what amount of cost of goods sold should be eliminated in the consolidation worksheet for 20X8?
A. $70,000 B. $95,000 C. $60,000 D. $82,000