James is always keen on putting his ideas into action regardless of the outcome. He perfects his craft by trying out different possibilities. If he is dissatisfied with the result, he tries out a different method but does not give up. Which entrepreneurial characteristic is highlighted in the given scenario?
A. Docility
B. Self-reliance
C. Vision
D. Conformity
Answer: C
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In a SWOT analysis, potential external opportunities are helpful when they identify all significant trends along with how the organization can benefit from each, including new markets, additional customer groups, legal changes, innovative technologies, population changes, competitor issues, and so on.
Answer the following statement true (T) or false (F)
On February 15, Jewel Company buys 7500 shares of Marcelo Corp. common stock at $28.58 per share plus a brokerage fee of $425. The stock is classified as long-term available-for-sale securities. This is the company's first and only investment in available-for-sale securities. On March 15, Marcelo declares a dividend of $1.20 per share payable to stockholders of record on April 15. Jewel received the dividend on April 15 and ultimately sells half of the Marcelo stock on November 17 of the current year for $29.35 per share less a brokerage fee of $275. The journal entry to record the purchase on February 15 is:
A. Debit Debt Investments-Trading $214,775; credit Cash $214,775. B. Debit Debt Investments-AFS $214,775; credit Cash $214,775. C. Debit Debt Investments-Trading $214,350; credit Cash $214,350. D. Debit Debt Investments-AFS $214,350; credit Cash $214,350. E. Debit Debt Investments-HTM $220,125; credit cash $220,125.
An instrument is negotiable if it satisfies six standards. Which of the following is a standard of negotiability?
A)The instrument can be oral provided there is proof beyond a reasonable doubt. B)The instrument must be signed by the payee. C)The instrument must be conditional. D)The instrument must state a definite sum of money.
True or False The technique used to determine a confidence interval to estimate a population proportion uses the normal distribution as an approximation to the Poisson distribution
Indicate whether the statement is true or false