Kimball Gardens is a company that operates as two distinct businesses: one that sells lawn and garden products and one that markets booklets. Each business is called a ________

A) separate entity
B) strategic business unit (SBU)
C) cash cow
D) star
E) business portfolio


B

Business

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Both structured processes and dynamic processes are formally defined processes.

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

Business

Hudson Valley Distributors wants to be sure it has 10,000 cases of Beaujolais Nouveau to sell next November. In January, they enters into an agreement to buy the wine at a price of 34.62 euros per case

Payment will be due at the end of November. They expect to sell the wine to restaurants and retailers for $63 per case. If Hudson Valley does not hedge its position and the exchange rate in November is $1.30 /euro, what is the gross profit on the wine? (Round to the nearest dollar.) A) $179,940 B) ($179,940) C) $363,692 D) $283,800

Business

Open the data file provided with the text called AirlinePassengers. Indicate the level of data measurement for each variable in the data set

What will be an ideal response?

Business

Tomas owns a sole proprietorship, and Lucy is the sole shareholder of a C corporation. In the current year both businesses make a net profit of $60,000 . Neither business distributes any funds to the owners in the year. For the current year, Tomas must report $60,000 of income on his individual tax return, but Lucy is not required to report any income from the corporation on her individual tax

return. a. True b. False Indicate whether the statement is true or false

Business